FOMC News XAUUSD trade
Güncellendi
My overall trading plan for FOMC news is mainly a short trade on XAUUSD, i would change my bias to long if we get a spike to 1855 and holding above to run further till 1861, 1865 and 1874.
Right now my bias tells me short, and im expecting a fakeout into 1855 area + price dumping all the way down till 1830 or 1824 after.
If price runs into 1855 Zone and creates lots of wicks + cant hold above 1855 i might take an early entry short.
If price just dumps instantly after FOMC news, ill only take half risk on this trade to prevent me getting faked.
Trade and Risk Management is like always key!
Right now my bias tells me short, and im expecting a fakeout into 1855 area + price dumping all the way down till 1830 or 1824 after.
If price runs into 1855 Zone and creates lots of wicks + cant hold above 1855 i might take an early entry short.
If price just dumps instantly after FOMC news, ill only take half risk on this trade to prevent me getting faked.
Trade and Risk Management is like always key!
Yorum
No Volume yesterday, however the trade stays the same and still follows the planRisk can now be slightly put higher - above 1856,7
We should get a clean move down here today with news.
Feragatname
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