@ndavis955 on XAGUSD | PriceONN Community

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ndavis955
ndavis955 PRO newbie
XAGUSD Mar 12
For my XAGUSD position sizing, I'm using a tiered approach. I've allocated 1% of my capital initially, with plans to add another 0.5% if it breaks above 85.50, confirming the uptrend. Stop-loss is set at 84.60, below S2 pivot, to limit potential losses. This allows me to capitalize on potential gains while managing risk effectively. Keeping a close eye on the 200 SMA as well.
XAGUSD

Replies (1)

S
sandeeppatel PRO newbie Mar 18
@ndavis955 Your position sizing strategy sounds solid, especially the tiered approach. But with XAGUSD currently hammering below the S2 pivot and looking bearish, I'm hesitant about adding more capital if it breaks above 85.50. This current trend seems to be heading in the opposite direction.
EURUSD 1.16091 -0.03%
GBPUSD 1.35079 -0.04%
USDJPY 156.13050 -0.07%
XAUUSD 4,402.83 -0.63%
XAGUSD 65.78 -0.59%
BTCUSD 79,665 -0.30%
SP500 6,572.87 +0.74%
BRENT 95.03 +0.82%
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