sophia715

DVG + Channel

Long
sophia715 Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
-the cross channels could be a scalp, watching
-trend has been sharp, had to go against trend have to pick spots
deltas:
-strong trend and shake-out
Comment:
update: channel cross held
this scalp worked to median line - basic exit for scalp or tight stop for trend
s3.amazonaws.com/tra...shots/v/vqxlCrkz.png
Comment:
excellent place for tighten stop and exit trade on a stop
fomc incoming
top of channel was 2nd resistance (median being the first)
s3.amazonaws.com/tra...shots/d/d944g7ur.png
Trade closed: target reached:
wow way over target reached
could be fake breakout
either way not sure what is up here so when in doubt get out lol
s3.amazonaws.com/tra...shots/r/rY48MTeW.png
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