XAU/USD LONG POSITION
journalling all trades here, all wins all losses - all thought processes.
on this trade im looking at a long due to the higher high and lower high forming
- my entry criteria
the .88 fib retrace from swing low to high (roughly where my entry is)
along with an area of high probability liquidity (the box at entry)
the higher high created may have been a stop hunt to the upside - hence why confirmation is key in times like this
a 15m break of structure would give me a green light to enter followed by a retrace to my entry
on this trade im looking at a long due to the higher high and lower high forming
- my entry criteria
the .88 fib retrace from swing low to high (roughly where my entry is)
along with an area of high probability liquidity (the box at entry)
the higher high created may have been a stop hunt to the upside - hence why confirmation is key in times like this
a 15m break of structure would give me a green light to enter followed by a retrace to my entry
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