Long XAGUSD - Daily

SilverOANDA

Description

⋅ Aug 3, 2020 7:45 AM

Hi All,

Similar to XAGEUR, we see potential uptrend as well.

As usual, please take profit 1:1 and scale out the rest.

We are living in world where we expect unexpected results. Lets not be one of them.

Trade closed: target reached

⋅ Aug 6, 2020 10:17 AM

As usual,

Take 50% and scale out.

prnt.sc/tv06ln

Technical Indicators

Comments

Arrajj_95

⋅ Aug 3, 2020 8:03 AM

im researching the 2:1 reward:risk ratio... mathematically better
alpari.com/en/beginner/articles/money-management-tips/

PPPStrategy

⋅ Aug 3, 2020 8:22 AM

@Arrajj_95, Depends on how you trade. For my set-up it is better to take 1:1 as we want to take profit in event when market is still in range. Then, scale out the remaining profit hoping to hit 1:5, 1:10 risk reward