XAU/USD - 6H Entry Confirmation - Daily Trend-Line Break - (Aggr
XAU/USD - 6H Entry Confirmation - Daily Trend-Line Break - (Aggressive Entry)
@: 1295.15
S/L: 1301.04 (-58 PIPS)
T/P: 1275.00 (+201 PIPS)
Risk:Reward: 3.42:1 (Very Good)
ENTRY: As we see that our 6H candle as closed -BELOW- our 1D trend-line we have on our hands a -aggressive- entry; these type of entries come with a lot of risk; but our Risk:Reward was too good to let it pass.
S/L: We placed our Stop +10 PIPS above our previous Weekly Support & Resistance area; instead of our Previous High as we see this as a greater S/L which we hope it does not get hit.
UNEXPECTED: How market just opened it's normal to see some unusual movements; but we shall not get alarmed. If for any reason we get stopped out; we will most likely have a candle closing -ABOVE- our trend-line once again and we would have just gotten "Faked-Out"; and with that upside we shall recover any type of loss (But we do NOT want this to happen).
EXTRA: At the close of our next 8H candle which is at 1AM; if it's a bearish candle we shall add another position. As well as if our NEXT 1D candle closes -BELOW- we will add one more position.
*We are NOT responsible for ANY type of losses you may encounter. Our ideas are for educational purposes only. For information on our Advance training please email us at TheForexClubFX@gmail.com. As well join our free telegram for constant market updates. If there is any pair you want analysis on feel free to let us know!
@: 1295.15
S/L: 1301.04 (-58 PIPS)
T/P: 1275.00 (+201 PIPS)
Risk:Reward: 3.42:1 (Very Good)
ENTRY: As we see that our 6H candle as closed -BELOW- our 1D trend-line we have on our hands a -aggressive- entry; these type of entries come with a lot of risk; but our Risk:Reward was too good to let it pass.
S/L: We placed our Stop +10 PIPS above our previous Weekly Support & Resistance area; instead of our Previous High as we see this as a greater S/L which we hope it does not get hit.
UNEXPECTED: How market just opened it's normal to see some unusual movements; but we shall not get alarmed. If for any reason we get stopped out; we will most likely have a candle closing -ABOVE- our trend-line once again and we would have just gotten "Faked-Out"; and with that upside we shall recover any type of loss (But we do NOT want this to happen).
EXTRA: At the close of our next 8H candle which is at 1AM; if it's a bearish candle we shall add another position. As well as if our NEXT 1D candle closes -BELOW- we will add one more position.
*We are NOT responsible for ANY type of losses you may encounter. Our ideas are for educational purposes only. For information on our Advance training please email us at TheForexClubFX@gmail.com. As well join our free telegram for constant market updates. If there is any pair you want analysis on feel free to let us know!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.