XAU/USD - Very Aggressive Entry (4H Entry - Trend Change)
XAU/USD - 4H Entry - Very Aggressive
@: 1280.57
S/L: 1274.05 ( - 65 PIPS)
T/P: 1295.05 (+ 115 PIPS)
Risk:Reward: 1.76:1 (Good)
ENTRY: We are placing a -BUY- as we saw that our 4H candle has closed -ABOVE- our trend-line. This is a VERY aggressive entry. But we are looking to possibly even reach 1300.00 by the end of the week.
S/L: Our Stop is +10 PIPS -BELOW- our Weekly Support of 1275.00. We see that it is a key area and we believe we have a strong stop.
UNEXPECTED: We have lots of unusual movements especially with gold. If we do manage to get stopped out and our candle closes as a bearish candle. We will look to ride this to the downside again and hopefully reaching break-even.
EXTRA: When our 6H candle closes -ABOVE- we will add another position to make more profit.
@: 1280.57
S/L: 1274.05 ( - 65 PIPS)
T/P: 1295.05 (+ 115 PIPS)
Risk:Reward: 1.76:1 (Good)
ENTRY: We are placing a -BUY- as we saw that our 4H candle has closed -ABOVE- our trend-line. This is a VERY aggressive entry. But we are looking to possibly even reach 1300.00 by the end of the week.
S/L: Our Stop is +10 PIPS -BELOW- our Weekly Support of 1275.00. We see that it is a key area and we believe we have a strong stop.
UNEXPECTED: We have lots of unusual movements especially with gold. If we do manage to get stopped out and our candle closes as a bearish candle. We will look to ride this to the downside again and hopefully reaching break-even.
EXTRA: When our 6H candle closes -ABOVE- we will add another position to make more profit.
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