Quick scalp (50 pips) on XAUUSD- 13Oct2021
1. Gold is still ranging and waiting to break HTF structure to get some good trade.
2. Meanwhile I saw an opportunity to scalp and got into longs around London Stock Exchange open.
3. My first trade was around Pre-London, Entered longs (impulse entry) with SL below the previous 30min wick low.
4. Anticipated Pre-London and London open volume to push Gold but had to close my first trade as the 30min closed below the resistance level, giving me -10 pip loss.
5. Waited till London open and gave my trade a second chance (impulse entry).
6. ENtered longs with -20pip SL place below the 30min wick low.
7. Clean traffic on the left and secured 50pips.
2. Meanwhile I saw an opportunity to scalp and got into longs around London Stock Exchange open.
3. My first trade was around Pre-London, Entered longs (impulse entry) with SL below the previous 30min wick low.
4. Anticipated Pre-London and London open volume to push Gold but had to close my first trade as the 30min closed below the resistance level, giving me -10 pip loss.
5. Waited till London open and gave my trade a second chance (impulse entry).
6. ENtered longs with -20pip SL place below the 30min wick low.
7. Clean traffic on the left and secured 50pips.