Profit = - $600.
Balance= 30,000-600 = 29,400.
Trade 2: Pending Short XAUUSD @ 1180.00
S.L @ 1186.00
For 30,000 Capital, and 2% risk per trade=$600, Position size = 1 lot ( 0.5+0.5)
- Short term trend down, lower highs and lower lows.
- Price is trading in a
- Retested areas near the top of the channel and 1180.00 horizontal resistance
- Price printed long legged candle at that resistance.
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