ElliottWaveStats

XAU USD-Main: Stop Loss Update

ElliottWaveStats Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
6

Main:

Stop Loss Updated at 12223.88 $.
R/R Ratio : 16: 285.

Target Remains 1279.76.
Trade closed: stop reached:
Strategy Summary:

Main:

Sell/ Entering Point:1256.45 $

Protective Stop Loss:

1223.88$.Activated = 32.57 USD/Lot.


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Coverture:

1st Hedge:

Buy/ Entering Point: 1238.40 $

Stop Loss:

1235.86 $.Activated. = -2.54 USD/Lot.

2nd Hedge:

Buy/Entering Point 1224.63

Stop Loss:

1218.36.Activated. = -6.27 USD/Lot.


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Net Profit 23.76 USD/Lot.

leverage 10:1 = 237.76 USD/lot.

leverage 100:1 = 2,377.6 USD/lot.

R/R ratio (Net) 11:88.

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