@smehta952 on XAUUSD | PriceONN Community

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smehta952
smehta952 PRO newbie
XAUUSD Mar 19
Just reviewed my XAUUSD trades from Friday. Got caught on the wrong side of that sharp drop around 4750. My stop was too tight, lesson learned. Always give your positions some breathing room, especially with this kind of volatility. Will adjust my SL strategy for Monday's open.
XAUUSD

Replies (1)

J
jessicagarcia PRO newbie Mar 21
Hi @smehta952, thanks for sharing that. I definitely learned a hard lesson on Friday too with my XAUUSD trades. My stop loss was way too tight and I got stopped out way too early before the big drop. Giving positions more room is so important. I'm going to rethink my stop placement for Monday open, maybe use that S2 pivot you mentioned earlier.
EURUSD 1.16175 +0.05%
GBPUSD 1.35258 +0.09%
USDJPY 155.72650 -0.33%
XAUUSD 4,393.73 -0.84%
XAGUSD 65.64 -0.80%
BTCUSD 79,337 -0.71%
SP500 6,572.87 +0.74%
BRENT 95.34 +1.15%
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