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11021992
Mar 5, 2016 3:06 PM

XAGUSD short entry at trendline Short

Silver/U.S. DollarFXCM

Description

Hi all,

As I wasn't expecting such a big move up on a friday, I did not have time to post this chart yet.
I expect the price to go back up a little bit more to the 15.85 area. This is a good position to go short.
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INFO ON THIS TRADE
Entry: 15.85
Stoploss 16.389
Target 1: 15.3 (Risk:Reward = 1 : 1.05)
Target 2: 14.445 (Risk:Reward = 1 : 2.65)

Best of luck!
Comments
DownUnder
If this goes thru we should break 15.3 target 1 down today then correct ?
11021992
15.3 was hit a few hours back. Take some profits, move stop to break even.
I do expect it to hit the second target at 14.445 aswell, but you never know.
DownUnder
I was caught on wrong foot. will have to wait for the rebound back up.Hopefully I wont too long.
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