XAUUSD : Success! Bull run this intact
Our gold short was very profitable (and of course a break down of the ascending channel would have been great but oh well! lol)
I am now long on this pair unless there is a break down of the price under the current bullish channel.
Trade safe!
I am now long on this pair unless there is a break down of the price under the current bullish channel.
Trade safe!
Comment:
I forgot to add that there is also a perfect little wick that touched our previous order block!
Trade active:
Opened long @ 1254.36$
SL @ 1240.87$
TP @ 1295.00$ (We will trail the price when it goes above 1270)
SL @ 1240.87$
TP @ 1295.00$ (We will trail the price when it goes above 1270)
Trade closed: stop reached:
On Sunday night, gold dropped to our SL. This is unexpected. We will keep our eyes open to understand what happened. This is how you get better as a trader... Learn from your mistakes.
Trade active:
I re-open a LONG on this pair. My explanation is on the Telegram channel.
1244.00
SL : 1239
TP : 1287
Trade safe!
1244.00
SL : 1239
TP : 1287
Trade safe!
Comment:
If the price closes above our channel, this would confirm a fakeout move (thank you market makers)
Trade closed: target reached:
Touched SL that was above breakeven
We protected our capital well!
We protected our capital well!