I'm watching the XAU/USD this week hope you don't mind I post this Pinozi?
Simple rules: Look for triangles plays risking no more than 2x profit target and take trades in line with the overall trend. Got a couple trades in over the past few days and looking for another long where I have a price alert around 1342. Could have reversed the trades to go short instead of exiting but decided to stop doing that after a few failures. (against the overall trend)
I don't go into FA too much other than keeping an eye on news events.
4 hr and daily charts below.
Pinozi's FX Trades, page-30
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ShareLast edited by TwoHandsRevy: 17/08/16Price at posting: 1.2989 Sentiment: None Disclosure: Not Held
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