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xEthan
Sep 20, 2023 2:32 PM

FOMC Order And Prediction Short

GoldOANDA

Description

Targeting sells from 1944-46 area. Golds sudden bullish movement to this price has caught my eye. I believe FOMC will not raise rates, thus I think it will have a huge impact on metals. There could be range up to that 1948, my stop is at 1948.5 with 2 targets 1940 and 1927 which was around the area of 25 key support.

Ive implemented the use of FVG, BOS and CHoCH, Im slightly adjusting the way I trade news, and trying to play it safer with setting orders rather than instant executions.

Overall this trade gives me a 1:1, 1:3.75 R/R. Orders set, lets see how my analysis goes.

Trade active

TP1 HIT 1940
HOLDING TP2

Comment

1933, gold over 100 pips from our entry

Trade closed: target reached

Closed 1932, 120 pip

160 pip total.

Thank You Mr.Powell
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