Trade Detail

ebelgotthis's XAUUSD Trade -93.04

Trade Details

Published: Sept. 21, 2024, 1:42 p.m.

Status: CLOSED

Portfolio(s): Default,

Broker: mt5

Asset: Forex

Symbol: XAUUSD - View rating

Type: Long

Pattern(s): OTE (Scalp Trend Following),

Featured Image / Proof

This has been no 'Featured Image' uploaded for this trade.

Stats

Entry CPU	Exit CPU	Fees	Max Amount	Max Cost	P&L %	P&L $	P&L With Fees
2,465.92	2,454.31	0.16	8.0	19,727.36	-0.47%	-92.88	-93.04

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Notes

HTF Continuation Trend Unplanned Scalp Trade Idea
Correct bias however price is almost at top on HTF structure
Price induced original target and retraced deep into HTF key level before continuing bullish trend
Entry has no strong bullish structure and confluences at least on H4 TF
Only relied on initial price reaction few minutes after red news released
High risk entry after US red news in a heavy news week + Friday
Forced entry even if its low probability as there is no strong confluence with Silver
Caught on manipulation move by DXY as price did not correlate
Should have waited for price to interact with HTF IRL or ERL before placing trade or just move on sidelines as Friday tends to be a losing day

https://www.tradingview.com/x/WtcA9CLl/
https://www.tradingview.com/x/kpWPDk6V/