G/U 100 PIPS BANKED FOR THIS WEEK - JUST UNDERSTAND THE PROCESS. DONT MAKE IT TO COMPLICATED FOR YOURSELF
THIS IS JUST FOR EDUCATIONAL PURPOSE - NOT AN ADVESTMENT ADVICE
FX:GBPUSD
Gold had formed a clear support during London Session on the 30m and 1h timeframes. We had strong bullish momentum so my bias was bullish in the short term. I then switched down to the 15m timeframe to look for a good entry to minimise drawdown.
When a bullish 15m candle closed starting from support, I waited for the next candle to form bullish and my final...