Potential Gold Long
- Block to block trading on the 15min and 30min charts
- Blocks are valued on Volume, Williams R % and the amount of times they have been tapped.
- Always wait for price action to confirm the trade before taking it. 1-5min chart.
- Stops should be other side of the block.
- Move SL to BE as soon as you can
- Trail SL on 1min / 5min - Take what you can, give nothing back.
- TP's are always hypothetical targets.
Gold is approaching a very strong bullish Order block.
Expecting a bullish move off the block for sure.
Again, we only know that price is likely to react at certain levels, we cant know for sure how much it will react and how far the price could go after the reaction, thats why we lock in profits as soon as we can and trail our stops to squeeze the most out of the trade.
- Blocks are valued on Volume, Williams R % and the amount of times they have been tapped.
- Always wait for price action to confirm the trade before taking it. 1-5min chart.
- Stops should be other side of the block.
- Move SL to BE as soon as you can
- Trail SL on 1min / 5min - Take what you can, give nothing back.
- TP's are always hypothetical targets.
Gold is approaching a very strong bullish Order block.
Expecting a bullish move off the block for sure.
Again, we only know that price is likely to react at certain levels, we cant know for sure how much it will react and how far the price could go after the reaction, thats why we lock in profits as soon as we can and trail our stops to squeeze the most out of the trade.
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