Seems to be a lot of talks about the importance of NFP next week. Not looking to trade any fiat USD pairings and will be watching PM's for NFP.
Sub 200k NFP surprise should drag this pair much higher. Happy how we have handled 13.85-14.05 and starting to feel bullish on Silver. End of month for Silver and Gold can get very volatile so low leverage is key for survival.
Should we have a stop run for longs and break below 13.85 it would pay to be patient to see if bear trend will resume or if it was purely a stop run.
Personally I like the R/R we have currently but as in all markets. Time will tell.
Be careful of the metal cartels :) Happy trading and thanksgiving for you US residents .
Sub 200k NFP surprise should drag this pair much higher. Happy how we have handled 13.85-14.05 and starting to feel bullish on Silver. End of month for Silver and Gold can get very volatile so low leverage is key for survival.
Should we have a stop run for longs and break below 13.85 it would pay to be patient to see if bear trend will resume or if it was purely a stop run.
Personally I like the R/R we have currently but as in all markets. Time will tell.
Be careful of the metal cartels :) Happy trading and thanksgiving for you US residents .
Comment:
Stopped out, will be keeping an eye on this one closer to NFP should we have a good opportunity to long again. Sitting on hands for the time being
Comment:
Will be buying any dips today, looking to buy $13.95-$14.05 range
Comment:
ECB caused some movement overnight for my timezone, missed a good long opportunity. Will be buying on dips
ECB caused some movement overnight for my timezone, missed a good long opportunity. Will be buying on dips
Trade active:
1/4 of bids filled pre-NFP. Happy with data and holding. Slight ricks for weekend gap but not to concerned. Stops moved up to profits