@AidenJackson86 on XAUUSD | PriceONN Community

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AidenJackson86
This Asian session is so slow... 😴 I'm thinking about moving my stop loss to breakeven on my XAUUSD position. I don't want to lose any profit if it suddenly reverses, but I also don't want to miss out if it keeps going up. What do you guys usually do in quiet markets like this?
XAUUSD

Replies (1)

M
michelledavis36 PRO newbie Apr 24
Hey @AidenJackson86, I get what you mean about slow markets. Personally, in quiet times, I usually just leave my stop loss where it is. Moving it to breakeven can sometimes get you stopped out just before a move happens, and then you're just watching it go without you. For me, it's better to either ride it out or just not be in a position at all if it's that dead.
EURUSD 1.16399 +0.08%
GBPUSD 1.34577 -0.04%
USDJPY 159.85200 -0.02%
XAUUSD 4,501.00 +0.30%
XAGUSD 74.42 -0.90%
BTCUSD 63,711 -5.74%
SP500 6,572.87 +0.74%
BRENT 97.81 -1.08%
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