Loii
Long

LONG FROM 1243-1250 TILL 1300+

FX:XAUUSD   Gold/U.S. Dollar
369 10 16
a year ago
IF 1257 BREAKS LOWER THAN:
updated trading plan
-based on 4HR 20EMA crossover
-$1247 is 78% retracement
-$1243 is wedge bottom
a year ago
Comment: we hit our target, will long on sun/mon
a year ago
Comment: next top can be as high as $1300-1333
a year ago
Comment: There might be 1 more bearish 4hr candle to $1243 so dont long yet! decide on monday/sunday after the next 4hr candle!
a year ago
Comment: its ok to long on monday/sunday. bottom is near. this channel is still valid
Revised LONG trading plan
a year ago
Comment: $1243 seems like a likely bottom. i will long from here with sl at $1240
a year ago
Comment: it can do Slight lower as no one knows the exact price support. it might bounce off the previous wedge line which is around $1240-1243. so if ur sl hits, just reenter at a better price.
a year ago
Comment: $1300, 1315 and 1333 are my tp1,2,3 targets
a year ago
Comment: We have bottomed it seems. 3 bullish candles on 4Hr chart. i am now long, will add more as we go up. wont fully commit to this trade until after fomc
a year ago
Comment: Price went lower than expected. best to stay out of market until 15mins after fomc release! first 15mins of news often can give false trends. trade the main trend after 15mins, there is still potential for a bull rally after fomc. i would stay out of market today. there might be 1 more leg down as we are below the wedge line.
Private message me if you're interested in trading Live with me on Gold, Silver & AUDUSD. I give only good risk/reward trades only.
iammathawee
a year ago
I saw bearish divergent on H4 chart. Can you give me some advice for gold since I still hold long positions and quite frustrate what should I do next T_T. Thanks.
Reply
Loii iammathawee
a year ago
there is a hidden bullish divergence on H1. hold if you can
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iammathawee Loii
a year ago
Thanks, I hope we are near the bottom so I still hold my position.
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Loii iammathawee
a year ago
next time always use sl of $2-3
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iammathawee Loii
a year ago
So often when I set SL too close, the order was closed then the price reverse to my position.
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iammathawee
a year ago
Please keep update ^^
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waterman
a year ago
Thanks dude !!
Reply
Loii
a year ago
$1300, 1315 and 1333 are my tp1,2,3 targets
Reply
iammathawee Loii
a year ago
Thanks
Reply
waterman
a year ago
Awesome move !
well done dude. Thanks !
Reply
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