Updated

GOLD / 500oz swing / HF Algorithm before Retail Sales.

Hello!
For Thursday Gold has created Sell setup, so I am not going to buy here.
But I think Gold will have some little explosion during Retail sales, so it is time to turn on HFTM and pick up the direction before the data arrive.

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NFP trade attached below.
TPP

Note

I will update Idea 2 mins before the event with either buy or sell. If event will have some volatility of course.
Remember it is a momentum trade. If I say LONG, it can go long and reverse and go short, but I already will have my TP pocketed. Manage your trades yourself and don't ask me how to plan your trading, as well trade on your own risk. I am not a BabyPips guy for you here.
Cheers, and good luck!

Note

40 mins till the event.

Trade active

LONG.

Note

Closed. Momentum taken!

Note

These are the trades you should take with Small TP, like in this case 20 pips, but you can do that with high Risk.
See you on FOMC.

Note

For special Individuals, that should stop investing and get back to Ditch Digging - I said in my idea, That Gold for Thursday created sell setup, so I am not buying it overall today. Regarding the event, I said I am taking the momentum, first explosion, with high risk and I am out, and got back to sells.
If you cannot understand simple things or you have problems with interpretation, you should seek for help. Everything goes by plan.
Cheers.

TheZabisyu

Related publications

GOLD / Friday / High Frequency Algorithm before NFP.

by TheZabisyu

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