---------------------------------------------------------------------------------------------------- COMMENTARY ---------------------------------------------------------------------------------------------------- Last week was hard. What to improve. 1. XAU move in 25-50pips box, use it - Open BUY & SELL for every move to liquidity pool - Then, put in BE, let the winner run
2. TP - Take profit. Again Gold move 25-50pips, use it. - Put in some in BE, let the winner run
3. Scale up - Only when you >5%, else, don't break the rule
---------------------------------------------------------------------------------------------------- THE TRADING PLAN ----------------------------------------------------------------------------------------------------
MUST See how price behave: 1. High Low Week / High Low Day 2. Round number 55, 00 3. Daily candlestick pattern (Doji, Engulf, Insidebar, Railroad) 4. Entry timing ASIA 0300-0500 (0400 Prime) LON 0900-1200 (1000 Prime) NY 1500-1800 (1600 Prime)
5. Entry candlestick, 5MIN for greater RR Pinbar Engulf Railroad
6. TP Typical move: a) Explosive - In 1 session b) Slow - >1 session - Take when necessary, else BUY SELL same time using the box theory, put some in BE, let the win run