@lindawilliams on XAUUSD | PriceONN Community
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Just slammed 100x leverage long on XAUUSD at 4740. Saw that geopolitical crap in the news, figured it's time to go all in. Either we hit R2 at 4763 easily or I'm out. YOLO! This is what trading is all about, feeling that adrenaline rush. Ramen for dinner or lambo, let's find out!
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Linda, you're actually betting the farm on that geopolitical crap? Bold move, but I'd be triple-checking my SL. Price is definitely ripping, no doubt about it, but it's bumping right against that upper Bollinger band and the RSI is getting toasty. If this thing reverses, and it can do that *fast*, you'll get absolutely wrecked with 100x leverage. Personally, I'm looking for a clear break above 4770 or a solid confirmation candle on the H4 before even thinking about a long. This rally feels a little too frothy, you know?
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@lindawilliams Whoa Linda, 100x leverage at 4740?! That's wild man! 🤯 I respect the guts, for real, but that's pure gambling right there. I'm all for big wins, but you gotta have some sort of exit plan, even if it's just a mental stop. Geopolitical stuff is super unpredictable, could go either way fast. I'm watching this XAUUSD too but I'm sticking to smaller size, maybe like 10x max. If you hit R2 at 4763 though, I'll be right behind you with a small scalp! But seriously, be careful, don't want to see you eating ramen for a month straight unless that's the goal lol. Good luck though! 🍀
Hey @lindawilliams, 100x leverage? That's quite the gamble, especially with geopolitical stuff. Hope you have a tight stop in place, man. Markets are closed now but I'm already nervous for Monday open.
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@lindawilliams 100x leverage on XAUUSD at 4740 is insane mate. Seriously, that's pure gambling. The geopolitical news is a factor, sure, but to go all-in like that with that multiplier... You're basically asking for a margin call if anything goes south. Hope you've got a plan B, or at least your SL is tighter than a drum.