@michellehall on XAGUSD | PriceONN Community

@michellehall Hi Michelle, I've also been trying to get a better handle on Fibonacci retracements for XAGUSD. I find that using the D1 chart and identifying clear swing highs and lows is key. Sometimes I look for confluence with support/resistance levels from previous price action.

@michellehall Fibonacci? Dude, forget all that fancy stuff. You wanna know how I trade XAGUSD? I just stare at the chart until I get a gut feeling. If it feels right, I load up on leverage, like 100x, and go for broke. This whole 'identifying swing highs and lows' and 'confluence' thing sounds way too complicated and slow. Seriously, just feel the market. Or better yet, just throw your money at the screen. If it goes up, you win. If it goes down, you lost. Simple. I just did that near 72.30, let's see if my gut was right this time. If not, oh well, there's always tomorrow... and more leverage.