Trade of the Week: XAU/USD H1: 20-21 January: +2.75% Profit (+164 pips)
For more details, click "Examples of Trade" in the menu
On the 20th of January, the H4 alligator is open, it is an uptrend. We look for a setup on H1, there we have a sleeping alligator and a tight box . We place the pending order above the box. The price breaks the box and moves up and we exit when it break the box in the opposite side for +164 pips (+2.75%)
For more details, click "Examples of Trade" in the menu
On the 20th of January, the H4 alligator is open, it is an uptrend. We look for a setup on H1, there we have a sleeping alligator and a tight box . We place the pending order above the box. The price breaks the box and moves up and we exit when it break the box in the opposite side for +164 pips (+2.75%)
I love trading on Gold, but at the same time, it’s important that we know the risk or else it could be seriously dangerous, I always try to trade with proper way and method; it’s how I am able to perform well and achieve good results. I trade with OctaFX broker where they provide us with daily market news and analysis updates day to day basis, it’s easier to trade with that and there are no fees or charges with it.
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