UnknownUnicorn18694357

Bearish 161.8% Extension

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trading Plan by TraderSeb

Trading Goals:
50% Win/Loss Ratio
3 RRR

Money Management:
5% risk per trading day

Risk Management:
1% risk per trade

Trading Methodology:
Fibonacci Retracements and Extensions

Entry Technique:
1. Visual interpretation of trading methodology
2. Price movement of 61.8% in direction of trend
3. Buy limit order 23.6% in direction of trend

Trade Management and Execution:
Entry: 23.6% ABC
StopLoss: C
Target: B
Comment:
Awaiting confirmation
Comment:
Sell limit pending
Trade active
Trade closed: stop reached
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