Should have held this trade wud be up 1:7 RR. But I had to stick to my trading plan and reenter trade later with lower lot size at 163.900. Trade was pure technical based. Very simple one.

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GJ TP hit 1:3.1 RR! TP was at 163.200 Combined RR for the day 1:5.6 RR!

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GJ 163.900 SHORT

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GJ TP HIT 1:2.8 RR!! TP was at 164

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GJ 164.550 SHORT

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Gold stop hunts. Thankfully I closed it in profit when I saw candle reverse.

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Trade closed for 30 pips profit

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GOLD short was taken at 1937 Had to wait for some confirmation.

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Yes sir. Still bullish

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Daily structure still remains bullish on GJ. Id like to see 164.5 support break to take higher probability shorts. Now I consider any shorts taken counter trend trades.

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1939 support broke with candle closures. Will take a short at the retest.

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Missed out on 250 pips short on GJ. Entry was during asian session was asleep during then.

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haha Gold has been unpredictable in that range. Take longs only if 1959 breaks and shorts if 1939 breaks clean with atleast M3O candle closure below

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Powell hinted at a 75 basis rate hike!! He said inflation out of control. Gold going to fly and possible JPY getting stronger.

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Thank you for your explanation. I will break down the chart according to your strategy and understand it. Will.come back to you with more questions if needed. I love understanding strategies of other traders and see if it can make sense in my ...

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Could explain your technical analysis for this trade? I got faked out on longs.

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Awesome trade friend!!!

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Hey friend, Good question. As I am a day trader I trade from level/resistance/support to the nearest level/resistance/support. The HnS pattern on H1 timeframe I pointed out was a for a counter trend move. Thats why I kept pointing out 1939 support ...

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GJ hit SL. Fake out. Its all good. Onto the next one.

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GJ 167.750 LONG

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