Gold Spot / U.S. Dollar
Long

29 july : buy signal comes,looking for buy (until low break)

273
AC daily turn green =up trend will start ..... sl = low (20-30 pip under yesterday low)

yesterday on news gold open my selstop in low and back to up , with SL i can exit ,my buystop now activated

if you have sells,why you dont put sl=margincall you must put sl on today high or hedge it(size=2*total sell) in next low frist close sells ,then on 1850 close buys

important = some very profesional traders use hedge stratgy ,dont have SL , these stratgies are exclent but very very hard,complex ,need very very high control mind,market , not for new traders, need many steps and min 10 year exprience and min 3 year demo only for stratgy ,never use stratgies witout SL (like scalp,martingle,grid) best,simple way is buy with low size and sl in low

if you cant put SL on high,low = you have big problem 100% will 0.00 account , stop trade on real ,witdrawal money ,back to demo , eat many sl until be normal for you

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.