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jojofang0901
Sep 23, 2020 11:53 PM

GOLD Short Trade Analysis, Review, Management and Weeks Ahead 

OANDA:XAUUSD60
GoldOANDA

Description

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Hello traders:

In this educational video, I will go over my recent sell position on GOLD in full detail from start to finish.

What is my multi-time frame analysis behind the trade, and what is my management on the entry, SL/TP for this short sell position.

I will also go over what my outlook is on GOLD for the weeks ahead.

What I think could be the possibilities on this, and how to be prepared as a trader to continue capitalize on the current market conditions.

ITs important to have the right mindset in these situations, and take away emotion, greed and fear.

As always, feel free to ask me questions and comments. : )

Thank you
Risk ManagementTrading PsychologyTrading PlanpriceactionstructureGoldmanagement
Comments
nordinmn
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This is sweet. As always
jojofang0901
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@nordinmn thank you
century89
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Hi Jojo, at the last ascending channel, you mentioned you setup sell stop... before the big impulse... is that "safe"? My understanding you always prefer to wait for correction/continuation pattern... Any reason this time you choose to setup a sell stop? Thank you for your video - easy to understand as always!
jojofang0901
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@century89 because the last correction is already the confirmation and the continuation structure I need from the previous impulse out of the larger correction :)
KaltoireCapital
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Good explanation.
jojofang0901
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@SynergyCapital thank you 🙏
Kendy_Sneaker
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Thank you very much for telling us the whole story and the possibility of the future.
jojofang0901
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@Kendy_Sneaker 😃
Seandeleer
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Always looks so simple and relaxed :) ... nice trade and ty for putting me onto it in advance!
jojofang0901
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@Seandeleer no problem, glad to do so :)
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