GOLD : LONG (TF = 1H)
Updated
I think that gold prices may increase slightly.
This trade is my view only in the 1 hour period.
I usually don't believe in processing less than a week's time bars, but this position can be called to stay a bit in the game.
There are risks.
So the following parameters can make this trade more risk-free:
RISK / REWARD RATIO : 1/3
POSITION SIZE : % 1
STOPLOSS : 1463.618
GOAL : 1481.273
This trade is my view only in the 1 hour period.
I usually don't believe in processing less than a week's time bars, but this position can be called to stay a bit in the game.
There are risks.
So the following parameters can make this trade more risk-free:
RISK / REWARD RATIO : 1/3
POSITION SIZE : % 1
STOPLOSS : 1463.618
GOAL : 1481.273
Note
Stoploss reached.Note
I will not let go of this, I have a new idea about gold as soon as possible.But I will increase the time period, this reduces both our risk and opens our stoploss scissors !
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