First entry 1497.5
detail in comment
detail in comment
Note
buy small lot first because yesterday has volatile and next week FOMC too Gold may sideway around this zone and may spike below 1490
if we can see strong reversal may buy more or buy more if drop to 1490
This idea in valid if Gold drop below 1484.
PS: SL is large so don't overtrade. use suitable lot
if we can win we will win big . and small loss.
Note
This green TL it is another signal for support .If break down Gold will hugh drop pls beware of this case too.
I may not online all time because I am not in office.
If i have some time , I will update later.
Note
as usual profit 60 pipsI partial close move sl to be
and let 's it run as it can
Note
My job is done.enjoy weekend
^^
cheer
Note
some friend ask in msg .they ask "Can buy more ?" - No I think If we win don't take more risk
and
Can we sell ? = may be but today end of week I don't take risk .
this time is retracement everthing is not clear until FOMC.
we only trade and exit . don't greed .
Market still open we can walk in everytime . if we have plan and will accept loss too. Only good money management we will stay on this market.
Hope you can understand my idea.
FYI
Note
Reaction from TL show sell signalNote
After 80 pips profit If you Ok and don't want to have position and close alland would like to sell ( this is risk ) you can sell around 1504-1506 sl 1508
This guildline for who would like to short.
but
for me I don't entry only keep buy position till it hit be or TP1
( because I don't want to take risk at the end of week )
FYI
Note
100 pips nowGold dip around 30 pips at TL zone and come back to 1508
if can break up TP1 will hit or if not see you at BE
let's wait ...
Trade closed: stop reached
After news Gold drop hit BE
After this I only scalping trade
new idea , Let 's try again next week.
Note
msg. ask about what bias in gold after thisI still look Gold to 1511+ unti break down 1483 or break green TL
that i told on above
FYI
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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.