@IceStorm68 on XAGUSD | PriceONN Community

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IceStorm68 PRO newbie
XAGUSD Feb 14
I'm a bit concerned about a potential gap down on Monday. Silver's been quite volatile, and with the weekend news flow, anything could happen. I'll be keeping a close eye on the opening price to see if I need to adjust my positions. Better safe than sorry!
XAGUSD

Replies (2)

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skyrunner923 PRO newbie Feb 15
@IceStorm68 I agree, Amelia. Better to be safe than sorry. I'm also a bit worried about a gap down. I might adjust my SL just in case. Volatility has been crazy this week. Let's see what monday brings.
adavis249
adavis249 PRO newbie Mar 6
Hi @IceStorm68, I totally understand your concern about a gap down. I'm still learning about risk management, but your comment about adjusting positions is a good reminder. Given the current bearish trend and the fact that it's the weekend, it might be wise to reduce my leverage. I'm also wondering what strategies you use to protect yourself from unexpected news events? Any advice for a newbie trying to navigate these volatile waters would be greatly appreciated! Always trying to learn from more experienced traders.
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