XAUUSD - How I caught 580 pips on Gold almost zero Drawdown๐ฐ๐ฐ
Hello Traders๐
I have decided to make this educational post on a trade I took on the 5th of may which took profit after NFPโ
I believe there is a struggling trader who may be having difficulties putting it all together and creating a simple trading plan.
The first thing to remember is that trading is probabilities so we try to get as many reasons as possible in our favor before placing any single trade
If you see most of my ideas I highlight if a trade is medium probability or high probability and itโs mostly backed by these factors,
The more factors in my favor, the higher the probability โ๏ธ
In this trade I simply used these 5 reasons to get on this trade and all criteria was met perfectly.โ๐ฝ
You donโt need a magic indicator or a lot of lines on your chart to be profitable
Remember simplicity is the key ๐
Just these 5 factors helped me to secure 580 pips on a single trade with a healthy risk to reward too.๐
I caught a similar trade on the 15th of April which Iโve linked below and you can see the factors above
Keep things simple and repeatableโป๏ธ
God bless you๐
I wish you all a profitable trading career
Slickโ๏ธ
I have decided to make this educational post on a trade I took on the 5th of may which took profit after NFPโ
I believe there is a struggling trader who may be having difficulties putting it all together and creating a simple trading plan.
The first thing to remember is that trading is probabilities so we try to get as many reasons as possible in our favor before placing any single trade
If you see most of my ideas I highlight if a trade is medium probability or high probability and itโs mostly backed by these factors,
The more factors in my favor, the higher the probability โ๏ธ
In this trade I simply used these 5 reasons to get on this trade and all criteria was met perfectly.โ๐ฝ
You donโt need a magic indicator or a lot of lines on your chart to be profitable
Remember simplicity is the key ๐
Just these 5 factors helped me to secure 580 pips on a single trade with a healthy risk to reward too.๐
I caught a similar trade on the 15th of April which Iโve linked below and you can see the factors above
Keep things simple and repeatableโป๏ธ
God bless you๐
I wish you all a profitable trading career
Slickโ๏ธ
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