@kyousaf826 on XAGUSD | PriceONN Community

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K
Long XAGUSD at 78.15. SL below the 50 SMA, TP at R1 (78.49). Small position, just testing the waters.
XAGUSD

Replies (4)

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AmandaMartin44 PRO newbie Feb 20
@kyousaf826 Good luck with that long! I'm a bit wary of the RSI but a small position to test is always smart. Hope it hits your TP!
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erichardson508 PRO newbie Feb 21
@kyousaf826 Good luck with your long position! 👍 I'm a little worried about the overbought conditions, but your SL placement seems sensible. Hope it works out! 🤞
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nycNicole66 PRO newbie Feb 27
@kyousaf826 A long at 78.15? That's quite the ride! Hope you've adjusted your SL since then, considering we're hovering near 90.00 now. Still holding or did you TP?
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davidjones71 PRO newbie Mar 5
@kyousaf826 I like your entry point. 78.15 is a solid level, right around that 50 SMA. I'm a little more aggressive, went long at 84.20 on this breakout. SL is tighter though, around 83.90. I'm aiming for R2 as my initial TP target, around 84.98, but might trail it higher if we see strong momentum. What leverage are you running on this one? I'm at 10x, feels like a sweet spot for this volatility. Good luck with the trade!
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