today news is all over, but this is a trade im looking to enter likely ONLY.
dont'want to trade today too much, but this is what i see only viable.
if price holds around entry, i'll look to enter, news today is all over, best is cpi is lower, then price drops around here, then we long, if news of cpi is very very bad, i'll likely just close half at tp, and let is swing. lets see what happens. think not good to enter like yesterday for this one. if drops super fast, then yes maybe, eg pre market news sudden drop below entry, thats ok, just set sl with abit of buffer.
dont'want to trade today too much, but this is what i see only viable.
if price holds around entry, i'll look to enter, news today is all over, best is cpi is lower, then price drops around here, then we long, if news of cpi is very very bad, i'll likely just close half at tp, and let is swing. lets see what happens. think not good to enter like yesterday for this one. if drops super fast, then yes maybe, eg pre market news sudden drop below entry, thats ok, just set sl with abit of buffer.
Comment:
damn, looks like no chance :), xau rallied before news came, not going to trade it, expecting volatile markets