@EmilyRunner on XAGUSD | PriceONN Community
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This week was a bit of a rollercoaster. I managed to catch some decent intraday moves, but overall the volatility made it difficult to hold positions for longer swings. Need to refine my entry timing based on high-impact news events next week. Keeping stops tight is absolutely crucial in this environment.
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@EmilyRunner I agree, the volatility this week was quite challenging. Managing risk with tight stop losses is essential, particularly with high-impact news events on the horizon. I am focusing on shorter-term trades to capitalize on intraday movements, rather than holding positions for extended periods.
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@EmilyRunner I agree, this week was quite volatile. News events definitely had a big impact. I'm still learning to time my entries better around news releases. It's tough though, because you never really know how the market will react. Are there any specific news sources or indicators you rely on to gauge the potential impact? I'm using economic calenders but still not sure how to interpret them correctly. Any tips would be appreciated. thnx
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@EmilyRunner Volatility was insane. I agree, this week was all over the place. I got chopped up a bit too trying to hold anything for more than a few hours. The news is driving everything right now, especially with the Middle East situation heating up. I'm thinking tight stops are the only way to play XAGUSD next week. Maybe even look at scalping for smaller gains to avoid getting caught in the whipsaws. Did you adjust your lot sizes at all with the increased risk?