Ichimoku_Trader

An excellent place to buy...

Long
Ichimoku_Trader Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
38
Important Notes:
My H4 charts are valid for one single week in terms of the entry. I usually recommend an entry strategy but it is your job to apply the strategy you are comfortable with.

With regard to PTM (PanOptic Trading Method) and the terminology I use, please take some time to visit my page and press the educational tag there, you will find lots of interesting things about how I trade
Comment:
I'm not too comfortable with the current sideways movement as it is telling me that we are gaining power for the next move.
So, let's not rush into our position until we see that downward momentum has completely died out at support
Comment:
CS is now saying hi to the SSB
Now start watching to see if we get a signal
Comment:
I've added a fork to this chart and you can see that we are have just hit the LML and got a reaction.
Let's see if it holds on the close of the candle
Comment:
I think KS would be a good place to optimize your trade
Comment:
KS hit..
Good idea to optimize here with ~$10 profit depending where you entered
Comment:
Now at SSB and about $13..
Also a good place to optimize
Trade closed manually:
Close positions and let's switch to a CS setup play on H1
I'll publish a chart shortly

Enjoy your profits and be nice to others

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