its ohk to miss the move but not learning the missed move is not at all acceptable. The pair is GJ
potential sells if 1hr candle closes below 1761.13 ,take position after break of the break on london open candle . london open candle should wick up before breaking the marked location . securing around 10/15 pips and puting SL at BE.
potential buys above 163.014, the london open candle should wick down and then break that price point..
took an entry right after 1hr candle close . this 1hr candle is indicating that there is lots of volume in the market . but as this 1hr is breaking out even before pre london that's why I am gonna manage risk when it goes towards my entries and eventually towards SL.
I am gonna put Buy stop and sell stop below above the 30 min candle just right before the news is published , gonna take the lowest risk and enjoy gambling with risk management ! :)
taken a sell on gold below 1780.74 because we are in a downtrend and 4h is also rejecting area above 1781.31 will secure 15/10 pips and I will put SL at BE after securing partials, I will close 50% when it will come back in the range of 1781.31. final target is 1777.92.
potential buys above 1782.87 . if 1 hr closes above that area then easily 50 pips! target
if 1hr closes below 161.210 then potential sells TARGET will be 160.030 .
potential buys above 1778.68 take 20 pips and let the rest run
potenital buys above 1791.28 if 1hr candle close above that support and next candle creates a down wick and breaks the marked location . easily secure at 1796.68 at put Partials at BE SL will be below the support at the bottom of the wick of current candle. TODAY IS FRIDAY SO LESS VOLUME THATS WHY CLOSE 50% WHEN PRICE GO BELOW THE SUPPORT AND CLOSE FULL WHEN...
potential buys when new 4h candle breaks the high of previous candle, target easily 50pips take PARTIALS and put SL at BE when price hits 1791.73