c.chalikias
Long

The Long setup on Friday didnt triggered, Maybe this one will

FX:XAUUSD   Gold Spot / U.S. Dollar
154 0 2
Interesting long setup. (If only it wasnt Friday afternoon.....)
1. Donchian lines are upsloping
2. Price has already retraced below middle donchian line
3. 50 period MA below price and upsloping
4. Price looks like resuming the uptrend

So as soon as price cross the high of the previous bar. (1198.24), I am long

1st Profit Target: The upper Donchian line, almost 5:1 R/R
2nd Profit Target: open with trailing stop.
If 1st profit target is acomplished then move all stops to breakeven.

StopLoss is set below the recent swing low (1190.8)
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out