Gold Breakout Trend Trading Strategy

FX:XAUUSD   Gold Spot / U.S. Dollar
126 3 2
I start by waiting for my MVA's to show what the momentum is. Then waiting for a retrace so I can take the previous high as a breakout point. Taking a 500pip profit or a 500pip loss, this has been working very good.
Another trade won .... 500pip profit
Hope the news event turns in our favour,
Ok so this order has been entered, we are aiming for about 1200 to take profit.
+1 Reply
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