We just initiated a long position on XAUUSD. Things can change early into next week and we'll keep it updated, but for now we are targeting a total of 6-to-1 reward to risk for a great buy swing trade on XAUUSD.
Comment:
Stop loss moved to BE before the weekend close.
Comment:
You always want to trade with a professional strategy. Protect your capital. Most trades aren't home runs and THAT IS OKAY. Protect capital in order to have capital for the day when you can hit the home run.
Trade closed: target reached:
XAUUSD first target hit! I've taken 50% off and the last position is still sitting at BE from before the weekend.
Trade closed: stop reached:
BE stop reached, out with profit from first target.