Gold BUY
Updated
XAUUSD
Head & Shoulder supporting daily Heikin Ashi. Time to go long upon close of
the hour IF engulf. Minimum target is 1296, and hopefully above 1300. Start
with test lot. Add 1x every 2 points until max MM reached.
Head & Shoulder supporting daily Heikin Ashi. Time to go long upon close of
the hour IF engulf. Minimum target is 1296, and hopefully above 1300. Start
with test lot. Add 1x every 2 points until max MM reached.
Note
S/L 1277Note
I never use stops. I hedge. IF i would to take 1277 stop I instead make sure my lotsize is slighly more than BUY lot. I use that 1277 maximum of 3 times. So I let market go back up and add a buy again if that happens and making sure I am slightly more buy lot's than sell. The ONLY reason you want to hedge is to get out zerod.If you do a bad trade get out zero to be hero. Do not try to gain from hedges as that end up in MM trouble pretty fast. Just let points mature any loss on any side. This way you should never care if arket reverse.
Good Luck
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.