XAUUSD Short 10k recapHere's a quick recap of how we shorted XAUUSD this morning at the London open and banked over 10k profit.
We traded a reversal in price coming to the 30% of the fib retracement, from the recent high to the recent low, RSI was up at the 70 level and it was all connected with a trendline.
This is a classic example of the trade setups we take.
Questions are welcome and will all be answered.
Traderecap
Tuesday Watch-list Overview Good evening everyone,
This video is just to go into more detail on the charts I sent out into the group earlier today. We have been taken out of USDCHF for 25pip SL, well done to those who avoided the stop hunt.
I'll still be looking for a short on the pairs as the USD is showing weakness across the board.
The pairs are not yet breaking the previous days lows or highs, so this means they are in NO TRADING ZONES!!!
Remain patient and wait for the setups to arise, you don't have to be in a trade all of the time. Our trade copier has banked over 2% today on USDJPY, do not feel pressured into trading, if you have funds in the copier let the algo do it's thing and focus on trading yourself.
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Trade safe everyone.
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