AG was Tim West's suggestion, NEM, is a good gold proxy here.
Good luck,
Ivan Labrie.
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Moving well.
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I doubled my positions shortly after the open, but only mentioned it in the KHL chatroom.
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Looks good, crossing fingers for the Italy news...
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For AG traders (this was posted in the KHL chatroom in response to a query for someone who missed the trade, but it is valid to add to it as well):
" s3.amazonaws.com/tradingview/snapshots/9/96LVXhkk.png the tight stop option might be too aggressive I'd favor the stop at $7, risking 0.5% for the first entry you take and then gradually adding and reducing stops in this enviroment."
I wanted to see the outcome of the weekend news, but the result was appaling for risk off bets, so I'm out of all risk off positions.
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Interestingly enough, these are turning up again, despite risk off factors being mitigated. EURUSD is rallying, so we might see a continuation of the upside, perhaps we can reenter soon.
Trade ist aktiv
I actually reentered a day ago.
Good results so far. Test of resistance, but we didn't break above it yet. I think it can go a bit higher while XAGUSD rallies.
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