Hello! For Thursday Gold has created Sell setup, so I am not going to buy here. But I think Gold will have some little explosion during Retail sales, so it is time to turn on HFTM and pick up the direction before the data arrive.
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NFP trade attached below. TPP
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I will update Idea 2 mins before the event with either buy or sell. If event will have some volatility of course. Remember it is a momentum trade. If I say LONG, it can go long and reverse and go short, but I already will have my TP pocketed. Manage your trades yourself and don't ask me how to plan your trading, as well trade on your own risk. I am not a BabyPips guy for you here. Cheers, and good luck!
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40 mins till the event.
Trade active
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LONG.
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Closed. Momentum taken!
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These are the trades you should take with Small TP, like in this case 20 pips, but you can do that with high Risk. See you on FOMC.
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For special Individuals, that should stop investing and get back to Ditch Digging - I said in my idea, That Gold for Thursday created sell setup, so I am not buying it overall today. Regarding the event, I said I am taking the momentum, first explosion, with high risk and I am out, and got back to sells. If you cannot understand simple things or you have problems with interpretation, you should seek for help. Everything goes by plan. Cheers.