So my Pending Order for today's Gold (XAUUSD) pair is as followed:
Time frame: 30 minutes.
Buy Stop @ 1815
TP @ 1833
SL @ 1810
Expiration/ Waiting time: 8 hours from now. Automatically cancel if pending order is activated after 8 hours.
THERE IS NO SUCH THING CALLED SURE TRADE, therefore, keep monitoring your trades constantly so that to adjust TP and SL accordingly.
Merry Christmas and Happy New Year.
Time frame: 30 minutes.
Buy Stop @ 1815
TP @ 1833
SL @ 1810
Expiration/ Waiting time: 8 hours from now. Automatically cancel if pending order is activated after 8 hours.
THERE IS NO SUCH THING CALLED SURE TRADE, therefore, keep monitoring your trades constantly so that to adjust TP and SL accordingly.
Merry Christmas and Happy New Year.
Komen:
Let's modify this pending order to a new setting:
Buy Stop @ 1810
TP @ 1828
SL @ 1802
Expiration/ waiting time: unchanged.
Buy Stop @ 1810
TP @ 1828
SL @ 1802
Expiration/ waiting time: unchanged.
Komen:
Again, let's adjust the settings for this trade:
Buy Stop @ 1806
TP @ 1824
SL @ 1798
Expiration/ waiting time: unchanged
Buy Stop @ 1806
TP @ 1824
SL @ 1798
Expiration/ waiting time: unchanged
Komen:
Closing this trade now @ 1807 or @ entry point 1806.
The chart may not be moving in our favor.
We'll do another setup tomorrow.
The chart may not be moving in our favor.
We'll do another setup tomorrow.
This line "Automatically cancel if pending order is activated after 8 hours"
Actually means "Automatically cancel if pending order is NOT activated after 8 hours"