@arunnair on XAGUSD | PriceONN Community
Man, that plunge on Friday was insane. Seeing silver drop like that makes me nervous about Monday. Wonder if it's going to gap down even more, especially after that news about mining companies having to change things up. Hope my small position doesn't get wiped out.
Replies
Yeah, I agree with staying out for now. Getting rekt is the last thing I need.
Hey @arunnair, I get the jitters after a big drop like Friday. What I did was move my stop to breakeven on my XAGUSD long as soon as it bounced off the 50 SMA on the 1H. No point giving back unrealized gains when the trend is still uncertain post-wipeout. Gotta protect the capital.
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Hey @arunnair, I get the jitters after a big drop like Friday. What I did was move my stop to breakeven on my XAGUSD long as soon as it bounced off the 50 SMA on the 1H. No point giving back unrealized gains, right? This Asian session is so slow though.