This is a trade idea for today.
The logic is the market traded down and trapped some traders on the short side.
So going long is ideal at this point.
If the setup fails then I will put double risk and go on the short side as it will be an extremely strong sell signal.
XAUUSD
The logic is the market traded down and trapped some traders on the short side.
So going long is ideal at this point.
If the setup fails then I will put double risk and go on the short side as it will be an extremely strong sell signal.
XAUUSD
Trade closed manually:
Taking some profit off the table. Closing 0.25R
Comment:
Updating stop loss to -0.5R
Comment:
Taking take profit off. Will close 0.5R at Take profit level and let 0.25R ride along
Comment:
Price reached the tp and closed 0.5R and leaving 0.25R on the table