@jackbaker31 on XAGUSD | PriceONN Community

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jackbaker31
jackbaker31 PRO newbie
XAGUSD Mar 27
I usually scale into my XAGUSD positions. If I'm going long, I'll take a partial entry at a key level, say around 69.00, and then add more if price confirms the move higher, maybe above the 70 mark. For scaling out, I do the reverse. Take some profit at R1, and if it keeps pushing, I'll close the rest at R2 or trail my stop to lock in gains. Gotta be patient with it though.
XAGUSD

Replies (1)

A
aevans555 PRO newbie Mar 27
That's a smart approach, @jackbaker31. Scaling in and out definitely helps manage risk. I'm thinking of doing something similar if XAGUSD can break decisively above that 70.50 resistance today.
EURUSD 1.16237 -0.06%
GBPUSD 1.34389 -0.18%
USDJPY 159.87350 +0.00%
XAUUSD 4,465.30 -0.50%
XAGUSD 73.48 -2.16%
BTCUSD 62,923 -6.90%
SP500 6,572.87 +0.74%
BRENT 99.22 +0.34%
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