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Just checked my XAGUSD position. Still in that short from 78.50. It's dipped to 76.16 now, which is good, but I'm a bit nervous seeing it near the S2 pivot. Thinking of moving my stop loss closer to breakeven, maybe around 77.00. Don't want to get stopped out too early if it bounces.
@dmorris81 Yeah, I feel you on the nerves. I'm also in a short position but from higher up, around 75.50. Seeing it test that S2 pivot at 68.44 is making me sweat. I'm thinking about taking some profits off the table before it potentially bounces back, even though the trend is still bearish. Maybe securing a portion of the gains is the smart move here.