Gold Trade Recap - Sell Side Liquidity

5월 7일

Waited for price to form structure during the London session.

Market out the London lows.

Waited for Sell Side Liquidity (SSL) to be taken out before entering during the 1PM New York open time (GMT+1).

Price also swept the London lows liquidity.

Opened a buy order once price closed above the SSL support.

Closed 70% of my position at the structure high (BOS).

Closed 100% of the position at London high with a 3.5% risk to reward.

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