XAUUSD/XAGUSD - Gold Silver Spread Trade

٢١ يونيو ٢٠٢٢

XAUXAG
Short at the moment and would like to discuss with other traders who trade this ratio.

٢١ يونيو ٢٠٢٢

ملاحظة

My trades don't use the Oanda Gold Silver spread contract.
I generally have 2 positions at play.
XAGUSD
XAUUSD ..... Both with equal contract amounts, not margin amounts)
One Short position, One long position.
Opened simultaneously, closed simultaneously.

٢١ يونيو ٢٠٢٢

ملاحظة

Objectives:
having equal positions of gold and silver (dollar wise)
and holding short gold, long silver.

The aim is for the silver portion to outperform the gold holdings.
Even if both simultaneously go up. The price of silver in this trade is expected to gain at a much faster pace

- My profit target date expectation is 10 August 2022 or prior.

٢١ يونيو ٢٠٢٢

ملاحظة

Margin used - c. A$795.
Account - Live Funds
This is a trade with a time frame of just under 2 months duration.

٢٥ يوليو ٢٠٢٢

ملاحظة

STOP OUT crossing downtrend line