@CoolLake8 on XAUUSD | PriceONN Community

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CoolLake8
CoolLake8 PRO newbie
XAUUSD Feb 21
Holding a small long position over the weekend. Nothing too crazy, just a bit of exposure. SL is set just below the 50-day SMA, around 5005, just in case things go south over the weekend. I'm more comfortable knowing I have some skin in the game, even if it's just a small amount. Plus, keeps me engaged for the week ahead.
XAUUSD

Replies (1)

mlewis708
mlewis708 PRO newbie Feb 27
@CoolLake8 That's a sensible approach, Angus. Placing your stop-loss below the 50-day SMA seems prudent, especially with weekend volatility being unpredictable. Risk management is key.
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