Hello Traders and Happy Friday. I have a buy limit set for 1814 area. 1820 / 1817 is an area I am looking for gold to maybe reverse course and start up a bit. I am not looking for some huge move. As an intra day trader, a scalper, I am just looking to secure 20 pips or so, close 75% of my trade in profit, move the stop loss to break even, and leave a runner running. (thxs Raja, Uncle Ted and Kerwin) All thanks to Big G, my mentor. This is just a speculation set up of what I am looking for. I am bullish overall, but I trade the trend so I will wait to see if my set up idea comes to fruition. Thanks and I will update my post, or post when I take a trade. I am watching the 30 minute candle right now and it is stuck in between 1821.11 amd 1825 53. Looking for a push up possibly when the 4 hour ckoses here at 4 am and then London volume and a push comes around 4:15 am here in the US. Be well and thxs
Note
Took an impulse buy when gold broke 1826 and got out at 1831.27. Perfect impulse trade. Lets see if gold will drop down and do it again. Maybe during pre Ny / NY open. Trade the trend
Pip Whisperer
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Pip Whisperer
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.