@thall681 on XAGUSD | PriceONN Community

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I've been scaling in on XAGUSD dips, starting small and adding to the position if it continues down, gives me a better average price. If it reverses, I take profits in stages. Seems to be working ok so far, not bag holding anyway.
XAGUSD

Replies (1)

H
HarryHall PRO newbie Mar 17
Hi @thall681, interesting strategy you've got there with the scaling in. I'm still trying to get my head around scalping XAGUSD and the best way to manage risk. When you say 'take profits in stages', what kind of targets are you looking for on those smaller moves? Are you using fixed pips or more dynamic levels based on intraday pivots like S1 or R1? I'm finding it hard to consistently hit small targets without getting stopped out on volatility spikes, especially with the news around geopolitical tensions we've seen recently. Any tips on managing exits would be great.
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