KingPenguinTrades

Where do we go this week? Let's find out.

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
A look at two potential swings from Weekly Open, into Weekly Close. Where should we go? Appropriate stops on both ends have been set, max loss of 40pips if both positions are consolidated in-between. SL to trail in profit at 50pips profit extension from either entry, for a guaranteed 50pip breakeven + 10pips on both positions.

Expiry set to end of London to disqualify any unopened trade from Asia/London (if neither are triggered, no risk is taken -- if one is taken, the opposite position will be closed before NY to re-evaluate).

Another week!

End of 3M, Monthly, and Weekly Candle this month. We're changing from Q1 to Q2 this year.

Cheers!
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