Gold - Buy
<*Current Non Gold related*>
Day of trade? :- Friday - probability of low volume
Presence of Orange and above news/related? :- Yes - Red and Orange US related news
Mental? :- 8/10
<*Current Trend*>
Confluence at H1 upon seeing chart? :- Bullish
Current status? :- Bull, pullback going sides
Scenario 1 ----------> What kind of trade? :-
1) Waiting for strong bullish momentum candles upon NY open
2) Wait for pullback to enter Entry 1917.6 / TP 1921.80 / SL at Previous candle Low (M15)
Scenario 2 ----------> What kind of trade? :-
1) Waiting for strong bearish momentum candles upon NY open
2) Wait for pullback to enter Entry 1913.75 / TP1 1910.69 TP2 1908.43/ SL at Previous candle high (M15)
Post news at 830pm (Re-plan set-up)
Day of trade? :- Friday - probability of low volume
Presence of Orange and above news/related? :- Yes - Red and Orange US related news
Mental? :- 8/10
<*Current Trend*>
Confluence at H1 upon seeing chart? :- Bullish
Current status? :- Bull, pullback going sides
Scenario 1 ----------> What kind of trade? :-
1) Waiting for strong bullish momentum candles upon NY open
2) Wait for pullback to enter Entry 1917.6 / TP 1921.80 / SL at Previous candle Low (M15)
Scenario 2 ----------> What kind of trade? :-
1) Waiting for strong bearish momentum candles upon NY open
2) Wait for pullback to enter Entry 1913.75 / TP1 1910.69 TP2 1908.43/ SL at Previous candle high (M15)
Post news at 830pm (Re-plan set-up)
Note
Post trade.Remember that all trades should look for
1) retracement
2) set orders and no other adjustments
3) Avoid manual closing if possible
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.
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.