XAUUSD 12/4/19
I entered this pair short on the close yesterday as we printed an SFP but my stop was too tight and I suffered a 1R loss. Re-entering as I believe the idea is still valid.
SFP printed on the close yesterday, 4H printed a Bearish Engulfing, all in confluence with the 0.5 fib which lines up with the Daily level.
SFP printed on the close yesterday, 4H printed a Bearish Engulfing, all in confluence with the 0.5 fib which lines up with the Daily level.
Note
Scratching this one. Might be impatience, might be the trade is taking too much time for the idea to be correct. I’m not certain so I’ve closed out to sit on the sidelines for NFP.Note
Was impatience. No big deal, there will be another opportunity. Need to build confidence in my system.
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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.