@PixelDrift14 on XAGUSD | PriceONN Community

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PixelDrift14 PRO newbie
XAGUSD Mar 4
Just opened a small short position on XAGUSD at 83.45. I'm being cautious, keeping my target around 82.80. I think we might see a bit of a dip before any major upward movement. SL is pretty tight, around 83.75. Let's see how this plays out.
XAGUSD

Replies (1)

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aanderson450 PRO newbie Mar 4
@PixelDrift14 Interesting short position! I'm still trying to get the hang of setting stop losses. You mentioned yours is at 83.75. Why did you choose that specific level? 🤔 Is it based on a specific resistance point or something? I'm always nervous about setting them too tight and getting stopped out prematurely, especially with silver's volatility. Also, 82.80 seems like a reasonable target. I'm just not sure if I'm brave enough to short silver right now, seems like it could bounce back up any minute. Good luck with your trade! 👍
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