Risk_Management_is_King

Risk_Management_is_King

Inverted Head and shoulder spotted on H1, waiting for a break of the area and candle confirmation to go long with proper stops below structures . Also majority of retailers are short on this pair. keeping it simple as always. Trade safe

Risk_Management_is_King

clean break out on daily wedge. trade cautiously. trail stops and swim with the sharks. good luck

Risk_Management_is_King Updated 

Keeping it simple as always... Going with the trend with appropriate stops

Risk_Management_is_King Updated 

Still bullish on gold but also looking out for a breakout of that wedge. it's going to be a crazy move. trade safe people and pay attention always.

Risk_Management_is_King Updated 

looking forward to trade the AOV, currently still ranging inside that box. Trade with caution

Risk_Management_is_King Updated 

As we all know BTC weekly and monthly is clearly still in an uptrend but Daily is in a downtrend as we can see series of lower highs and lower lows into resistance.... Head and Shoulder with right shoulder still forming, Another confluence is the fib zone for the recent swing being respected, took a short at 38.2 level which played out well... so now looking...

Risk_Management_is_King

The recent COT data shows Institutions are shorting gold, Also sentiment shows retailers are very long on it.. the recent swing shows the false break on resistance line. the last time we had a false break on the previous resistance line we nose dived from 1866 to 1760... there's also a head and shoulder.. i cant ignore the signs so shorting from here while...

Risk_Management_is_King

Grave stone doji on a strong resistance line on H4 confirmed selling pressure selling retracement move short term , will take partial profits before the retest.

Risk_Management_is_King Updated 

For core retail news dollar came out very weak but instead of gold to pump it's dropping (not surprised lol). looking forward to FOMC by 8. But before that i'll place a sell limit because 1765 support is clearly becoming weak, the trending move on this TF is bearish while retracement move is bullish. As usual Risk management is the king. we cant always be right....

Risk_Management_is_King Updated 

The mapped structures are Areas of value i'm interested in, as usual dont trade in No man's land and always apply risk management... So recently gold broke out of a bull flag, retested and coming back aggressively to the flag while creating obvious imbalances.. if price falls to my major support of 1750, will look for entry trigger to go long.. and take profits...

Risk_Management_is_King

I took a slight aggressive entry with a tight stop, if i get a major move in my favour before london session ends, i'll take partials and move to break even. so the only reason trade may hit my stop is to mitigate the institutional candle above. no one is 100% certain of the market as always. Apply risk management .

Risk_Management_is_King

Simple support and resistance

Risk_Management_is_King

Simple support and resistance.