loss around 100 pips now you can cut loss if don't plan to high drawdown. I still in plan of L2 buy more in green zone or Open hedge sell to there zone
ความคิดเห็น
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Thrid entry 1486.78
ความคิดเห็น
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ความคิดเห็น
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after bad plan.Gold drop to plan zone and open hedge sell for fixing end of month closeing price show Bearish confirmation so we should hold sell and find profit from this side. as chart it is possible of Gold can drop . my account have buy and sell (hedge) and sell for profit. but this week have NFP must be an eye on and trade with flow *** sorry to bad idea. I will try to recover from other idea again.
what dill happen to gold within the week, will it likely go up or it will remain neutral where it is?
theoris
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@noah38, I think gold may drop to 1460-1480 but it must rise to 15011-1520 zone again and drop.
but today drop rapidly I hope it should rise in NY session.
If not I must hedge sell to protect .
@Cxesar, on that price in comment I suggest to cut loss for someone does not plan to trade high drawdown.
and suggest to Hedge sell ( Ex. if I have total buy 0.01 lot in account on that price I will open sell same lot size of buy. if would like change bias I will set 2-3 times of buy lot size to profit in sell side. This method does recommend for small account or does not plan in %risk on trade and can not hedge if does know direction of price on hedge. it is risk)
This idea is bad and high drawndown when I trade I plan to many entry if drop and use suitable lot size to fit my account to support drawdown.
but best way for small account cut loss first and wait to find suitable again.
Cxesar
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@theoris, Thank you for your time in answering I appreciate yu answer funnily enough I did that as my 0.01 lot buy was £-24 So i sold 0.02 and it was in £5 profit but when I did Close by it accidently took the £-24