Trade of the week: XAU/USD H1: 8-10 February: +3.5% (+180 pips)
For more details and examples of trade, click "Examples of Trade" in the menu
On the 8th, on H4, the trend is clearly up so we look for a setup on H1. We find one at 11h , the alligator is sleeping with tight box (50 pips only). We place a pending order and the trade is triggered, the price moves up quickly and we exit the next day when the price breaks the lower level of the fractal box for +180 pips (+3.5% profit). A classical trade.
For more details and examples of trade, click "Examples of Trade" in the menu
On the 8th, on H4, the trend is clearly up so we look for a setup on H1. We find one at 11h , the alligator is sleeping with tight box (50 pips only). We place a pending order and the trade is triggered, the price moves up quickly and we exit the next day when the price breaks the lower level of the fractal box for +180 pips (+3.5% profit). A classical trade.
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