Trading is difficult of course it is otherwise we'd all be millionaires lets face it.
Most important thing is managing risk and having a stratergy. I've tried to make this Gold setup super simple.
I've added notes to the chart to try and make it make sense. We have been trading in a form of higher highs and higher lows with added structure showing form. So come the open or into the Monday morning London session i'd like to see a bullish push up on the hourly candle close as confirmation for me to enter the trade so bare that in mind as my long position indicator will more than likely move so do not enter until you have confrimation.
This is my own trading plan, this is not a guarntee this is simply me showing you my plan and how i will play on Gold.
Drop your comments below!
Most important thing is managing risk and having a stratergy. I've tried to make this Gold setup super simple.
I've added notes to the chart to try and make it make sense. We have been trading in a form of higher highs and higher lows with added structure showing form. So come the open or into the Monday morning London session i'd like to see a bullish push up on the hourly candle close as confirmation for me to enter the trade so bare that in mind as my long position indicator will more than likely move so do not enter until you have confrimation.
This is my own trading plan, this is not a guarntee this is simply me showing you my plan and how i will play on Gold.
Drop your comments below!