XAU/USD June 1st Trade Setup
Mis à jour
Hello all here is the Gold setup for the day:
Short: Look for a break and close below 1832.02 to fill the range down to 1815.
Long: Look for a break above 1838.255 to fill the range up to 1846.
Risk Management:
Stop loss: Previous candle high (1-2% Risk)
Strategy:
When the Trade is in 10 Pip's profit close 50% and add a stop loss breakeven allowing runners to final take profit. Advance traders look for larger plays when available.
Blue Vertical Lines: Major News Events
Short: Look for a break and close below 1832.02 to fill the range down to 1815.
Long: Look for a break above 1838.255 to fill the range up to 1846.
Risk Management:
Stop loss: Previous candle high (1-2% Risk)
Strategy:
When the Trade is in 10 Pip's profit close 50% and add a stop loss breakeven allowing runners to final take profit. Advance traders look for larger plays when available.
Blue Vertical Lines: Major News Events
Commentaire
Close 50% & add stop loss break even.
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