Hello everyone,
I will be using the high and low price levels formed on the following dates as entry points for my trades:
March 6, 2025
We will wait for the price range from these candles to form as indicated with blue box. The trade entry will be triggered if the price breaks out of this range, with an additional buffer of 60 pips.
If the price moves against the initial position and hits the stop loss (SL), we will cut or switch the trade accordingly.
I will be using the high and low price levels formed on the following dates as entry points for my trades:
March 6, 2025
We will wait for the price range from these candles to form as indicated with blue box. The trade entry will be triggered if the price breaks out of this range, with an additional buffer of 60 pips.
If the price moves against the initial position and hits the stop loss (SL), we will cut or switch the trade accordingly.
Trade closed: target reached
Hello everyone,The Hi-Lo Range formed on March 6, 2025, is 2885 to 2936, including a 60-pip buffer.
The sell signal was triggered at 2885, but the price quickly reversed, hitting the stop loss at 2936, resulting in a loss of approximately 510 pips.
At the same time, we switched positions by entering a buy trade from 2936.
As of now, gold has reached a new ATH of 3005, generating a profit of approximately 690 pips.
The previous loss was recovered by doubling the position size of the initial trade that hit SL.
📉📈 Below is the chart with the actual Hi-Lo range of March 6, 2025:
/x/f9V4gYel/
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.