Second Try Looking for the new 1rst impulse. Looking for another long after 1 loss...
Is You Are late you can catch it when its going up at the top price. But if it retraces bak you can see if we can cath it.
Since i am late in the purchase i will try to enter after passing th 100% mark in the small move. or 50% mark in the mig moove. Fibonacci is great tool. Anything can happen but i will bet on thsi one. 2: 4 risk .
It Has Been holding This can be a good Opportunity.I If you are leveraged in TC please keep a conservative 23% stop. But if you are just Buying... forget about the stop and just buy... It will not be for ever
If the trade goes Good you add a biger position
THIS WAS A GOOD ONE THAT I EXPECT TO HOLD OPEN FOR MORE. LETS SEE HOW IT GOES. 2 OUT OF 3 IS NOT BAD.
iT wAS VERY FUN EXPERIMENTIN WITH THE TRADINGVIEW FUNTION THA ALLOW ME TO BACK TEST MY STRATEGY.
Remember to use open ended profit targets. (no take profits) So we can benefit from big spikes on price. Use your stops as a function of lot size and volatility...
This time u corrected the order. Making it a larger and wider stop loss. So it can have moe wigle room. It is is set acording to the volatility of the day.
This Is my 3rd Trade for the day, After 2 Bad Trades
Got Stoped out of the first order. I make 2 More
I am speculating on a 5 pip gain eather way. Small Bets Because it is not cleare the direction. I am Looking at a doward trend. Because we are way under the 200 DMA. But I think there can be a resistance level . We have had lower lows. Lets see what happends. My Tme frame is 15 Min Chart. My oreder expire in 24 Hours. You can see tha all the faster MA....
This Time we are puting on a long and short position in a Long term. Looking to break th 50 day maximum on bouth sides.
I am placing a trade Counting on a 5o day MA all time low. If The euro breaks this point int could hit a short trend.
I am Going with The trend Will try to catch an up swing in The gold price.