Fxprotrader

GOLD Sell Setup At Median Line

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FX:XAUUSD   黃金現貨 / 美元
Price has reached the median line of an uplslope pitchfork which rejected. In a lower timeframe we may see that it's in a consolidation having reached the 0.618 fib level of previous impulsive wave. That's a good level to short gold. Stoploss and tp as shown at the chart.
交易結束:目標達成:
First tp just reached. For those who follow i suggest moving your stoploss to breakeven, at second position for a risk free trade
交易結束:目標達成:
Price has reached the second target for a 5,30 : 1 risk/reward ratio. Aiming big and moving stoploss at breakeven when in profit allow a trader to be very happy even if they he wins 50% of his trades.
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