XAUUSD TRADING ANALYSIS

Good Job.
mastering how to scalp Gold is really the ideal thing to focus on right now. paticularly for this contest account.

Good Job.
mastering how to scalp Gold is really the ideal thing to focus on right now. paticularly for this contest account.

Thanks manh although I closed out a little early but price got to my tp level, the goal is to protect the capital and to stay active on the contest till the end

It's the same thing that happened to me on NAS 100 shorts. now it would have been at my TP if I didn't close out early.

Yeah. Same goal here. Stay active and at least make it to top 100 before the contest is over.
This particular one trade at a time rule is just very demanding and takes a good scalper to be on top of the competition.

Am done for today, another trade will be Monday am not rushing to be at the top but to protect the capital and stay in the competition

The nas100 trade was just painful, I placed my limit order but wasn't triggered untill price got to my tp had to delete it

I'm still following it up. Let's see what New York Session has to offer.

That's for Sure.
It's just this GBPJPY trade I'm waiting on.
Not sure I'll take any other trade after that one, except I see a very good opportunity to push the Account to 5%.

Okay, so how is the gbjpy going

Analysing gold, waiting for a good confirmation but gold right now is printing protective lows on 15min timeframe

Observing 4069.67 level as that could be the next liquidity reference level on long term , although I will be looking for trading opportunities to the level

Before resuming gold buys I will wait for price to run above the circle level on the chart image to give me a sustainable uptrend continuation