XAUUSD - HTF Sells
Here I have two Sell Limit Entries that I have placed to be activated between now (ASIAN session of Aug 7,2024) and NY session ( Aug 8, 2024).
Depending on how price ends up by the time I wake up I will decide if these entries are still valid or not.
My risk is split by half of my typical entry size for each entry. 1% each.
As soon as each gets to RR=1, I would secure profits and decide if I want to move SL to BE.
Depending on how price ends up by the time I wake up I will decide if these entries are still valid or not.
My risk is split by half of my typical entry size for each entry. 1% each.
As soon as each gets to RR=1, I would secure profits and decide if I want to move SL to BE.
Note
Woke up to both entries lost. As I said, it was half risk both. It was part of the probabilities of Trading. I win over 70% of these setups, but still 30% loses show up.
I still managed to recover the loses this morning with a Intraday Buy in Gold, so thats not big deal.
I will post any other Higher Time Frame idea I see.
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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.