XAGUSD Trade Log
Trade Setup - XAGUSD Long in Daily FVG
Details:
- Pair: XAGUSD (Silver)
- Timeframe: Daily
- Setup: Long within daily Fair Value Gap (FVG)
Trade Parameters:
- Risk-Reward Ratio (RRR): 1:5
- Risk: 1% of account
- Entry: Watch for confirmation of price stability or bullish reversal signals within the daily FVG.
Stop-Loss and Take-Profit:
- Stop-Loss: Positioned just below the lower boundary of the FVG.
- Take-Profit: Target set at five times the stop-loss distance to achieve the 1:5 RRR.
Additional Notes:
- With a high RRR, rely on strong confirmation signals to support the extended target.
- Stay alert for economic events that could increase XAGUSD’s volatility.
Details:
- Pair: XAGUSD (Silver)
- Timeframe: Daily
- Setup: Long within daily Fair Value Gap (FVG)
Trade Parameters:
- Risk-Reward Ratio (RRR): 1:5
- Risk: 1% of account
- Entry: Watch for confirmation of price stability or bullish reversal signals within the daily FVG.
Stop-Loss and Take-Profit:
- Stop-Loss: Positioned just below the lower boundary of the FVG.
- Take-Profit: Target set at five times the stop-loss distance to achieve the 1:5 RRR.
Additional Notes:
- With a high RRR, rely on strong confirmation signals to support the extended target.
- Stay alert for economic events that could increase XAGUSD’s volatility.
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