i shorted gold at the 0.618 retracement.
now priceaction gives more confirmation and the stopploss can be placed above the 0.618 high.
open two trades
after 1st take profit move stoploss of 2nd trade to breakeven (no loss level / level where you baught)
this is not a trade call and you are responsible for all your action.
dont risk more than 1% of your trading account's money on the stoploss!
now priceaction gives more confirmation and the stopploss can be placed above the 0.618 high.
open two trades
after 1st take profit move stoploss of 2nd trade to breakeven (no loss level / level where you baught)
this is not a trade call and you are responsible for all your action.
dont risk more than 1% of your trading account's money on the stoploss!
Trade active
active.... and the pullback allows you to enter now once againTrade active
first target hitmove stops to breakeven.
Note
second half was taken out for a breakeven.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.