{"id":48,"date":"2025-08-14T16:40:30","date_gmt":"2025-08-14T16:40:30","guid":{"rendered":"https:\/\/50yeartrader.com\/blog\/?p=48"},"modified":"2026-09-30T21:26:24","modified_gmt":"2026-09-30T21:26:24","slug":"silver-molokai-setup-trade-the-line","status":"publish","type":"post","link":"https:\/\/50yeartrader.com\/blog\/silver-molokai-setup-trade-the-line\/","title":{"rendered":"Silver Futures: A Molokai Setup and How to Trade the Line"},"content":{"rendered":"\n

This silver futures chart shows a nice Molokai Setup. It isn’t pretty, and it doesn’t have to be.<\/p>\n\n\n\n

Why the Setup Doesn’t Have to Be Pretty<\/h2>\n\n\n\n

Remember: the Setup doesn’t have to be pretty, though in our hearts we would like it to be! It just must meet the buyer-seller struggle parameters for the Setup.<\/p>\n\n\n\n

\"Silver
Silver futures with a Molokai Setup and the Count shown in blue. Chart courtesy of Investing.com.<\/figcaption><\/figure>\n\n\n\n

Trading the Line from the Count<\/h2>\n\n\n\n

At the Count shown in blue, you could go Trade the Line with either one-half or one-third of your total position (lot size).<\/p>\n\n\n\n

This post is educational commentary on chart structure using Goodman Wave Theory. It is not investment advice. Trading futures and FX involves substantial risk of loss.<\/em><\/p>\n\n\n\n

Good Trading!<\/p>\n\n\n\n

Michael Duane Archer<\/p>\n\n\n\n

Related Reading<\/h2>\n\n\n\n