XAUUSD DAILY INTRADAY TRADING IDEA 💡

The Disciplined Trader

XAUUSD DAILY INTRADAY TRADING IDEA

How to enter the CHART ??

1. Look for candle to cross our zones

2. If the candle crosses above/below our zones and closes then take buys/sells ( look no 4.) 

3.  Look for 1hr candle confirmation / 15/30 mins TF for entry  during Asian session  and 30 mins TF confirmation/ 5/15/30 mins TF after  london session.

4. Always wait for retest before executing positions. ( To avoid Fakeouts).

5. Please remember that this chart is for INTRADAY.

Sometimes if there is a volume it doesn't retest . E.g london open, ny open , NYSE open.

For SL we go for max 30-40 pips.