CoverchefsFX

XAUUSD 15M Chart Analysis Swing Trades!

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Play the chart with simple rules:
Buy/Sell into entries when the candle completes above "Long Entry", or when candle completes under "Short Entry"
Have small stop losses (10-15 pips) in order to not encounter a fake out (goes above our entry line and goes back down for example)
Play with 2-3 positions when going into a trade, Take first 1 out at TP1, 2nd one TP2, 3rd one try and let it run to TP3 and create its stop loss @ TP1 to lock in profit no matter what happens.

These TP's will hit fast after they break out of my range and go past a entry!

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