@jamesharris91 on XAGUSD | PriceONN Community

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J
Alright, so I took a stab at going long XAGUSD around 71.80, but I'm not going crazy with the size. Given how choppy things have been, I'm only risking about 0.5% of my account on this one. If it goes south, it's not the end of the world. Just watching it closely now.
XAGUSD

Replies (1)

T
ttaylor19 PRO newbie Apr 5
Hi @jamesharris91, good on you for keeping the risk managed with that long entry. 0.5% is smart, especially with this choppy market action we've seen. I was watching that 71.80 area myself, it looked like a decent spot to test for a bounce off the S2 pivot, though I'm always a bit skeptical of entries right before a weekend close. We'll have to see if there's any gap open come Monday. If it holds and starts pushing towards the weekly pivot around 72.64, that could be a good sign. But if it starts to turn over and breaks back below 72, I'd be out fast.
EURUSD 1.16259 -0.04%
GBPUSD 1.34366 -0.20%
USDJPY 159.85750 -0.01%
XAUUSD 4,470.19 -0.39%
XAGUSD 73.49 -2.14%
BTCUSD 63,183 -6.52%
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