Traders..
I would like to share 1 simple trading system for XAU/USD(GOLD)
SOP:
1.Monday-NO TRADE
2. Timeframe H1 ONLY
3.Count 7 CANDLES and mark SUPPORT&RESISTANCE
4.Any BEARISH CANDLE that break SUPPORT is 'SHORT SETUP'
5.Any BULLISH CANDLE that break RESISTANT is 'LONG SETUP'
6. TP at FIBO 261.8 & SL at FIBO 50/38.2
Cheers!!!
I would like to share 1 simple trading system for XAU/USD(GOLD)
SOP:
1.Monday-NO TRADE
2. Timeframe H1 ONLY
3.Count 7 CANDLES and mark SUPPORT&RESISTANCE
4.Any BEARISH CANDLE that break SUPPORT is 'SHORT SETUP'
5.Any BULLISH CANDLE that break RESISTANT is 'LONG SETUP'
6. TP at FIBO 261.8 & SL at FIBO 50/38.2
Cheers!!!