Good evening gold gang! hope you survived another day in the range! I have taken the decision to finally
stop trading none news days. The volume just is not there and we are prone to fake outs, much like bank holidays. So i'm going to just stop trading them, and i suggest you do too!
I started off in london with a perfect breakout to be faked out in an area where price had no business turning around, launching upwards in line with the dxy down trend. It happens! .. then my sell stop was not activated in NY due to lack of volume, so overall a frustrating day in the xauusd markets.
Onto tomorrow!! we have some lovely news folders all day tomorrow that should shift us hopefully out of this range we have lived in for the last 4 days.
buys and sells are on as per yesterday .. the sells are better around the green box and the buys are certainly choppy but with volume, should sail through.
If you have the same experience as me with no news folder days being frustrating, leave me a comment or a dm. Id love to hear
other than that .. follow along for constant updates on my trades and leave a like .. it means a lot
catch you tomorrow in london
tommyXAU
stop trading none news days. The volume just is not there and we are prone to fake outs, much like bank holidays. So i'm going to just stop trading them, and i suggest you do too!
I started off in london with a perfect breakout to be faked out in an area where price had no business turning around, launching upwards in line with the dxy down trend. It happens! .. then my sell stop was not activated in NY due to lack of volume, so overall a frustrating day in the xauusd markets.
Onto tomorrow!! we have some lovely news folders all day tomorrow that should shift us hopefully out of this range we have lived in for the last 4 days.
buys and sells are on as per yesterday .. the sells are better around the green box and the buys are certainly choppy but with volume, should sail through.
If you have the same experience as me with no news folder days being frustrating, leave me a comment or a dm. Id love to hear
other than that .. follow along for constant updates on my trades and leave a like .. it means a lot
catch you tomorrow in london
tommyXAU
Note
no trades lined up in London guys, very slow markets. We have some nice news folders coming up for NY, so grab a coffee and lets get into it!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.
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.