XAU/USD (GOLD) - SIDEWAY - SCALPING
Comment:
i am stll keep an eye on a small correction to 1720. Keep waiting for signal for a SHORT position in short-term.
Comment:
Candlesticks Pattern in H4 tells me that PRICE have possibility to reach 1738~1740. If PRICE breakout 1732 and Candlestick formed a possible for LONG, I would enter a LONG position looking for TP 1736 (40 pips). RISK only 1% for this trade.
Comment:
Entered SHORT Position at 1730
Comment:
In this Sideway Period, I would like to take only 50 pips or 40 pips for every trade. Please manage your R:R, calculate 1% risk for every trade
Comment:
Took Profit 50% of POSITION at 1725.4. I would keep 50% left and move STOPLOSS to the ENTRY 1730. Let the market run for MAXIMUM PROFIT. Thanks for viewing my idea.
Trade active:
Still keep 50% SHORT POSITION left !!!
Trade closed: target reached:
CLOSED 50% SHORT POSITION LEFT !!! TP 1720 (100 pips)