(This is Part 5 of a series. Go back to Part 4.)
Note that silver’s drop in this 60-minute chart is followed with tremendous and beautiful precision, allowing the trader to profit maximally from the trade in this case while always maintaining his or her stoploss in a way that protects ongoing profits without suffocating the trade.
From the preceding charts, do we therefore conclude that weekly or shorter timeframes are always the best for using the STX? No, we don’t. For example, let's look at a monthly chart of crude oil:
(This is the end of Part 5. Go to Part 6.)
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