Silver Long - Risk 1.6% 2.5R

2021年6月2日

Pending Order Filled at 27.65 on 2021-05-19 18:19:30.

Good order fill on retracement, dropped lower before holding above 27.65 for last 3 days.
Big sell off from 28.55 overnight, presumably more on dollar strength across the board.

2021年6月2日

交易進行

Daily 8/21 EMA has been strong support since beginning of May.
I am going to move stop up to track the 21 EMA.

2021年6月2日

註釋

Stop at 27.16 which still gives it lots of breathing room.
Risk is now 0.93%.

2021年6月3日

交易結束：達到停損點

Stopped out for loss of 0.93%.

2021年6月3日

註釋

Maybe will be signficant for Silver price going forward where strong break below 21 EMA.
Could have managed this trade alot better, was keen to give it some room, but failed to think about USD event risks this week. I had already read that it was a strong USD Data weak. So far most data has been positive, which 'may' lead to NFP also being strong.

Commodities paired with USD got hammered on strong ADP and ISM PMIs.