Minds

U.S. DOLLAR / EURO REFERENCE RATE forum

Jun 10

Sold Gold from 2395 levels, Trade in BE and my TP is 2284.

My trade advice is Buy at 2384.4 levels and Sell at 2322.5 levels

🔸 Gold Buy Limit: 2384.4

- **Stop Loss (SL): 2374**
- **Take Profit (TP) Targets:**
- **TP1:** 2386
- **TP2:** 2390
- **TP3:** 2394 ++

🔸 **Reason for Entry:** A pending buy limit order at 2384.4, anticipating a bounce from this level based on previous support and resistance.

🔸 Gold Sell Limit: 2322.5

- Stop Loss (SL): 2333
- Take Profit (TP) Targets:
- TP1: 2320
- TP2: 2318
- TP3: 2315 to 2310

🔸 **Important Note:** Don't wait for all take profit targets to be hit. Consider taking partial profits as soon as reasonable gains are achieved.

🔸 **Risk Management Rules:**

1. **Position Sizing:** Only risk a small percentage of your trading capital on each trade, typically no more than 1-2%.
2. **Use Stop Losses:** Always set a stop loss to limit potential losses in case the trade goes against you.
3. **Stick to Your Plan:** Follow your trading plan and avoid making impulsive decisions based on emotions.

Jun 6

H4 still uptrend
Waiting for confirm at H1 zone
then go #Long

Jun 4

1st trade for today.

Jun 3

#sideway H1
Waiting BOS H1 zone

Jun 1

Hi trader,
I never share my personal details and I don't have any Chennal or premium group. I am Independent Trader.
I just share chart here only for education purpose. "SO BE AWARE OF FRAUD"
if you want to learn then I will share chart here only (Tradingview)
~ @PM_Patil