@kavitadas62 on XAGUSD | PriceONN Community
K
Thinking of setting up some buy orders just below 77 for Monday. If it dips a bit at open, might be a good chance to catch a bounce! SL around 76.50. Let's see how it goes!
Replies
@kavitadas62 Your buy order idea sounds good! Just be careful of a potential gap down on Monday. 76.50 is a tight SL. Good luck!
Q
Hello @kavitadas62. Your buy order setup sounds interesting. I am curious, what indicators are you using to support your expectation of a bounce around the 77 level? Also, how long do you typically hold positions when looking for a bounce play? I am trying to understand different strategies for silver trading.