@SilentWolf69 on XAUUSD | PriceONN Community
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XAUUSD looking bullish on the H4 chart. Might be a good time to open a long position. RSI is confirming the uptrend. Just gotta set a proper SL and TP. Let's see if this trade prints money or tears my portfolio apart. Fingers crossed!
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@SilentWolf69 Yeah, saw your post. I'm still a newbie, so trying to understand all this. What's a 'proper' SL you'd set on XAUUSD right now? Is it based on the pivot points or something? 😅 Good luck with your trade btw! 🙏
@SilentWolf69 Totally agree, the H4 looks prime for a long! 🔥 What's your SL looking like? Just curious where you're setting it. 🤔
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Hi @SilentWolf69, thanks for sharing your thoughts! I'm intrigued by your long position idea, but I'm also a bit scared of the current downtrend. How do you decide where to put your stop loss when the market is so volatile? I'm always worried about it being too close and getting stopped out too early! Also, what's your TP looking like? Just trying to get a better handle on risk management. Thanks!