FriesianFX

XAUUSD Gold - breakdown of lost trades

OANDA:XAUUSD   Gold Spot / U.S. Dollar
So today wasn't the best of days, 1 sell trade taken too early where we got stopped out before price tapped into our Take Profit level, and the second trade was an impulsive buy based on the theory that the 5m candle grabbed liquidity, however this was incorrect and price reversed on us.

As always, transparency is everything, both trades were losses and post-trade analysis is key to becoming a better trader and understanding what was done wrong.


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