@hadizaadamu52 on XAGUSD | PriceONN Community
Hey team, quick question for the group on XAGUSD. With this strong bullish momentum we're seeing, especially with price hovering above the SMAs, how are you all adjusting your risk management strategies?
Are you using wider stops or trailing stops more aggressively to protect profits? I'm debating whether to tighten my SL or give it more room around the 87.5 (20 SMA) area in case of a quick dip. Also, for those who missed the initial move up, what kind of re-entry setups are you looking for? Maybe a bounce off R1 at 87.6, or waiting for a stronger correction? Just curious to hear different approaches.
Are you using wider stops or trailing stops more aggressively to protect profits? I'm debating whether to tighten my SL or give it more room around the 87.5 (20 SMA) area in case of a quick dip. Also, for those who missed the initial move up, what kind of re-entry setups are you looking for? Maybe a bounce off R1 at 87.6, or waiting for a stronger correction? Just curious to hear different approaches.