THEDISCPLINEDTRADER

Xauusd Daily Intraday Trading Idea

ICMARKETS:XAUUSD   Gold Spot / U.S. Dollar
The Disciplined Trader

How to enter the CHART ??

1. Look for candle to cross our zones

2. If the candle crosses above/below our zones and closes then take buys/sells ( look no 4.) 

3.  Look for 1hr candle confirmation / 15/30 mins TF for entry  during Asian session  and 30 mins TF confirmation/ 5/15/30 mins TF after  london session.

4. Always wait for retest before executing positions. ( To avoid Fakeouts).

5. Please remember that this chart is for INTRADAY.

Sometimes if there is a volume it doesn't retest . E.g london open, ny open , NYSE open.

For SL we go for max 30-40 pips. 

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.