Pay attention to how the price behaved after the formation of point 2 and my entry into the position. The price decided to make an additional zigzag and adjusted to 76.4%, then again went down. Its for this reason that I put the stoploss beyond the maximum / minimum extremum (red or green dots). We have a Sell position from 1660. Stop 1680. T/P for today 1616.
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Re: Trading XARD system (Christmas Setup)
ImpLaNT, Tue Apr 07, 2020 5:41 pm
Today I decided to return to trade. There was an opportunity to enter sell position on gold.
Pay attention to how the price behaved after the formation of point 2 and my entry into the position. The price decided to make an additional zigzag and adjusted to 76.4%, then again went down. Its for this reason that I put the stoploss beyond the maximum / minimum extremum (red or green dots). We have a Sell position from 1660. Stop 1680. T/P for today 1616.
Pay attention to how the price behaved after the formation of point 2 and my entry into the position. The price decided to make an additional zigzag and adjusted to 76.4%, then again went down. Its for this reason that I put the stoploss beyond the maximum / minimum extremum (red or green dots). We have a Sell position from 1660. Stop 1680. T/P for today 1616.
