This is my idea on XAUUSD. Expecting price to fall to 1966.57.
After reaching TP1, capture half of the profits and set a stop loss at TP1, then follow the trend with a trailing stop.
What do you guys think?
After reaching TP1, capture half of the profits and set a stop loss at TP1, then follow the trend with a trailing stop.
What do you guys think?
Trade closed: target reached:
TP1 has hit, and the second trade closed at a price of 1976.04 due to a trailing stop loss. Excellent start to the week.