Hello traders. Taking a look at the 2 hour chart, my area(s) of interest are marked as I watch several time frames to see what gold's trajectory will be. I am not trying to force or rush a trade, but as a scalper, I am just trying to grab some quick pips from scalp trade set ups in either direction.. Always the same formula for me, that I learned. As soon as I am 30 pips or so in profit (this works when using a high leveraged account) I close 75% of the trade, move my Stop Loss to my entry point ( break even ) and leave the remaining 25% as my runner. When you are trading spot gold in order for you to win a trade, someone or some entity must lose a trade. Be well and trade the trend. Big G gets all my thanks. Let's see how the Pre NY volume goes, as it is starting to come in as of this writing.
Pip Whisperer
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Pip Whisperer
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.