Short on XAUUSD

7 พ.ย. 2016

Reason for entry: Broke resistance level
Risk/reward ratio: 2:59
Potential profit: 188%
Indicators: RSI, CCI, MACD all bearish
Multiple time frame support (1W, 1D, 4H): Yes
Moving Average: Price is below 20MA
Upcoming news announcements: US election tomorrow but I am hoping to be out by then

8 พ.ย. 2016

ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน

Result: I got stopped out with a high spike.
Lesson learned: Just found out what stop hunting is!