XAUUSD - HTF Sells
Here I have two Sell Limit Entries that I have placed to be activated between now (ASIAN session of Aug 7,2024) and NY session ( Aug 8, 2024).
Depending on how price ends up by the time I wake up I will decide if these entries are still valid or not.
My risk is split by half of my typical entry size for each entry. 1% each.
As soon as each gets to RR=1, I would secure profits and decide if I want to move SL to BE.
Depending on how price ends up by the time I wake up I will decide if these entries are still valid or not.
My risk is split by half of my typical entry size for each entry. 1% each.
As soon as each gets to RR=1, I would secure profits and decide if I want to move SL to BE.
Note
Woke up to both entries lost. As I said, it was half risk both. It was part of the probabilities of Trading. I win over 70% of these setups, but still 30% loses show up.
I still managed to recover the loses this morning with a Intraday Buy in Gold, so thats not big deal.
I will post any other Higher Time Frame idea I see.
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