Hello all - DuncanForex here with a new trade idea.
With Gold cycling higher on the 1 hour chart - I will enter if the high of the last 1 hour bullish candle that has just closed is broken.
I will be watching it closely when it gets to the 1420 level
It may drop as it is at extreme highs - reason for watching the 1420 level is that the market gapped near here following the FED news yesterday .
Therefore it may get to this level and then roll over and head lower for a retrace before going higher
1 hour entry - therefore 1 hour trade management.
DuncanForex.com coming imminently
Thanks for looking
Duncan
With Gold cycling higher on the 1 hour chart - I will enter if the high of the last 1 hour bullish candle that has just closed is broken.
I will be watching it closely when it gets to the 1420 level
It may drop as it is at extreme highs - reason for watching the 1420 level is that the market gapped near here following the FED news yesterday .
Therefore it may get to this level and then roll over and head lower for a retrace before going higher
1 hour entry - therefore 1 hour trade management.
DuncanForex.com coming imminently
Thanks for looking
Duncan
İşlem kapandı: durdurma seviyesi:
hi all - trade hit stop loss.
it has since however bounced at lower support and has made a new high - if it retests 1406 area - I will look to go long
it has since however bounced at lower support and has made a new high - if it retests 1406 area - I will look to go long
İşlem aktif:
HI all - I am in at 1406.5 - stops at 1404 - quite tight - however if it does go to 1420 - it will be a 6 to 1 win
İşlem aktif:
Hi all - Trade entered at 1406.5 hit TP.
I have entered again at 1419.7 with stops at 1418.7 - Aiming for 1425 (aggressive scalp)
I have entered again at 1419.7 with stops at 1418.7 - Aiming for 1425 (aggressive scalp)
İşlem aktif:
Yorum:
stops to break even