XAUUSD Long Position
Entered long based on the close of the engulfing candle and moving average cross over. It will be a while before we trail our stop loss because the red line represents the low of the previous 45 candles (45hrs).
This strategy only has a 25% win rate but the avg win is >5x that of the avg losers. Profit factor is 1.58
This strategy only has a 25% win rate but the avg win is >5x that of the avg losers. Profit factor is 1.58
Trade closed: stop reached
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