XAUUSD To open SHORT positions for XAUUSD , it is required:
In this situation our system indicators to confirm trade entry confirmation for movement to the downside but if the market trend continues to range this signal will become invalid. Market execution for entry, I will confirm signal once the conditions have been met.
Risk Description: Once signal is confirmed we will execute a grid on H1. Minimum 490 pips will be up for grab with small risk SL at swing high. Target 1250 pips
Profit expectations: 5-20 day trade length expected before hitting profit target I will post exit strategy when signal receives a exit signal.
Trading method: RSADVANTAGE Stage 5, accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends suited for swing trading. This system is made of custom adaptive volume indicators and Oscillators that properly detect trends very early and provides exit signals at dynamic S/R zones once the trend has ended. // Average yearly pips gained is 40k per pair on D1 charts alone. I have provided a similar limited version of the system on Trading view to help traders visualize the strategy.
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when in doubt trade with the trend
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sell signal printed good for shorts
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I will post official entry after more confirmation
@perdp, Significant movements in the market usually follow with a continuation, 1380 is new target for gold on D1 if price holds above 1355
5898928
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reverse down now or never?
5898928
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@RSTAR_FX How do you calculated resistance on 1353.59 ? (and 1347.77 on first graph). cant see any levels in history on exactly tvis levels?
UnknownUnicorn1372988
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@5898928, its a rough estimate of the upcoming resistance zone, I will continue to monitor & report XAUUSD market behavior until trade signal is provided