Would love to reach 500 followers before the year ends! :D Here's my outlook on the Big one... Gold.
Here we have a. lovely area of structure that you can clearly see whenever price pushes down into it it reject's it like trump was rejected from the office.
If we see price back into this area we'll look to get into a buying position.
As you can see from the chart we have taken a nice buy position on this pair. We have the bearish trend which has been respected for some time now on the higher timeframes. This broke out and it was a matter of time before we saw some action to get involved in the next trade. We can see on the lower 1hr timeframe we have created a nice little bullish trend which...
1.wateched the market create minor support with no indications of sellers
2. took buys at the close of the candle
3. SL at the bottom of the candle
5. TP at the previous resistance
Risk management:
1.Close one trade at 10 pips and leave a runner.
2.Move SL to 50% and leave runner.
EURUSD SELL indicated to us earlier this week, markets a little slow but still running +110!
This strategy is built from 4 individual finely tuned strategies which we have built into ONE! extremely simple to use and very profitable. as you can see from past posts this catches most if not ALL moves! yes we do hit some stop losses but then catch the move in the...
