CalebLindsey

Pre-New York Session (XAU/USD) 10.06.2021

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Gold is consolidating this morning. Waiting for clear direction is key here. I am bias on the sell because of where the market is already at. There is news that is coming out today that should move the market.

-Trading Rules
30,60,100 Take Profits (Min R:R is 1:2)
30 - 50 Pip SL
Move stop lose into profit after 8-10 pips in profit

-Twin Trading
2 trades in the same direction
1 trades has a SL and TP
1 trade has just a SL and you trail it

-Lots
example for .10
.05 and 0.05

Proper Risk
0.01 per $100

or

Follow YOUR trading plan
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