Gold Spot / U.S. Dollar
Short
Updated

4 win streak on Gold ?

397
We have just retest the neck line of the head and should so once again we follow the wave
We just made a correction there's HIGH PROBABILITY that another Impulse will be created

Im have a trade at 1964 right now, I will try to get another position higher arround 1668 if the market give me the opportunity.

good risk to reward
Note
1965.6 new entry price
Note
End up being a break even trade

on the first impulse we broke bellow structure on the 4h time frame
Note
I was wrong here because, in my view USD was bullish but it look like USD took a hit. So, this is part of the game and this is why risk to reward is so important.

If you look at my other trades you can see that I won 3 trade and lost 1.
So i won lets say i was risking 100$ every trades and banking 400$ every win
basicly 4:1 RR

so 3 trade won 1200$ and 1 lost -100$ = Im in profit on 1100$.
this is just an exemple. but this is the FACTS of trading.
Note
But me on this trade that you see here It was a breakeven trade.

with the rules of my strategy when I have a clear break for the 4h structure ( support/resistance) and I have enough room to place my trade break even I do it.

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