Hello traders. I am in the US and watched gold drop when London market opened. Got in an impulse buy from the green line marked on the chart. Looking to see if gold is ready to move up a bit. Looking for a quick scalp. Up a bit right now so far. If I can catch 20 pips I will secure 75% of profits, move SL to break even and leave a runner running. Put a Sl for now at $1725.50 but would close half the trade well before that if things keep dropping. Risk management is important. In trading I never lose... I win or I learn. Very thankful to Big G, my mentor. Trade the trend and thxs.
Note
Boom. Very thankful ..Just calledf and put in an impulse trade an hour ago. Secured 75% of profits at the 30 pips mark, moved SL to break even and left a runner running. Let's do it again with NY session. Great trade, Big G gets all the glory.
Pip Whisperer
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Pip Whisperer
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.