XAU/USD
Volume, Moving average, Trend direction and confirmation indicators
are in agreement with a long call.
NB- the only draw back is that lower timeframes are showing signs of consolidation/downtrend
Trade TP is 1x of the ATR and SL is 1.5x of the ATR.
Once TP hits, move stop loss to Break even and let your winner run.
Volume, Moving average, Trend direction and confirmation indicators
are in agreement with a long call.
NB- the only draw back is that lower timeframes are showing signs of consolidation/downtrend
Trade TP is 1x of the ATR and SL is 1.5x of the ATR.
Once TP hits, move stop loss to Break even and let your winner run.
Trade active
Trade closed: target reached:
Target reached, I placed my sl to break even now, and i’m Letting the winner run! Remember, scaling out is important.