TradingView
11021992
Jul 20, 2016 2:12 PM

XAGUSD short term bullish action Long

Silver/U.S. DollarFXCM

Description

Hi traders,

On the XAGUSD I am looking at an bullish entry at the low spike that occurred two weeks ago.
Entry: 19.250
Stop: 18.892
Target 1: 19.865 = R:RR 1.77
Target 2: 20.280 = R:RR 2.97

Updating if something happens. Best of luck!

Trade active

Comment

Target 1 hit.

Trade closed manually

Closing trade at a good profit before FOMC meeting.
Comments
11021992
Target 1 hit.
btM_Afta
What about FOCM Meeting next week?
11021992
I expect to hit my entry by tomorrow, so I should be out of the trade by next wednesday. If I haven't entered before the weekend, I will remove my entry. It's definitely something to keep in mind. Weird things can happen during FOMC.
btM_Afta
Ok so if you hit, you will enter and then you will go long for TG2? ..
11021992
That's the idea, yes. I will enter a long position at a value of $19.250 and take partial profit at $ 19.865. The remaining part will be taken at $ 20.280.
If you have any questions, send me a personal message :).
btM_Afta
Ok i will Sir.
More