XAUUSD/XAGUSD - Gold Silver Spread Trade

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

Note

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.

Note

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.

Note

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

Note

STOP OUT crossing downtrend line

Levereg

I'm nothing more than an old basket. I develop cutting edge approaches to trading using cross platform, cross broker, cross market and time frame systems. Heavy on capital and risk protection with systems to reduce volatility.

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Levereg