FX.co ★ XAU/USD, GOLD
Trader Journals:::
XAU/USD, GOLD
I want to share with you my levels that I will be trading from. So, for buys at the level 4134.32 we got from the XAUUSD pair, and from the screenshot we can see that this is for the 1-hour timeframe. If the market situation changes and the big players decide not to move in my direction, then at 4115.54 we will get a STOP, but if everything remains valid, then at 4153.09 we will partially close the position, and then we will fly to 4171.86 and at this level we will lock in another part of our profit. And we will stretch the remaining profit (we’ll try) and close it at 4190.63. So that our profit doesn’t get dragged into a loss, after each take-profit we will trail the stop orders.