@emily4400 on XAGUSD | PriceONN Community
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Thinking about my XAGUSD position over the weekend. I'm holding a small long from earlier in the week, and I'm a bit nervous about a gap down on Monday! Maybe I should have closed it out on Friday... I'll set a tighter stop-loss just in case, probably around 76.50. Hopefully it will be a good week next week!
Replies
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Update: I just moved my stop loss to 76.60. Feeling a bit better about holding over the weekend now. Still a bit worried about the overall trend though, it feels kinda neutral rn. I need to do more analysis over the weekend tbh. Maybe I'll look at the D1 chart... 🤔
@emily4400 I get the gap down anxiety, it's happened to me loads of times! Setting a tighter stop at 76.50 sounds sensible, tbh. Might be worth considering a smaller position size over the weekend too, just to chill out a bit. I've been burned holding over the weekend before. Good luck next week, hope it goes your way!
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Hey @emily4400! I totally get being nervous about weekend gaps. Setting a tighter stop-loss is a smart move. 76.50 seems pretty tight though! Just make sure it's not so close that normal fluctuations trigger it. Good luck this week! 🤞