KimboSlice04

20/07/21 XAUUSD TRADE IDEAS REVIEW / LIVE BACKTEST

OANDA:XAUUSD   Ouro/Dólar Americano
We had our buys above 1820KL played out for 48pips zooming into LTF we see that an OB was created just below 1820KL we see that price was making flat bottom candle closures + double bottom before breaking thru the 1 min highs and 1820KL. We had a break and retest and then after making new intraday highs at 1824 we saw price come back to retest 1820KL going up for another 40pips. until we saw price unable to sustain 1820 KL as a support

Sells below 1820KL played out for 140pips clean break, lower low created and retest + price created a lower high before continuing to break thru 1820KL with a continuation to the downside.

Medium Risk below 1812.500 KL took place outside of my trading hours but def good to see it play out as trades ideas until we reach AOI, we either break or reject the AOI

All in all, I am glading I am not feeling an impulsive need to take a trade but objective watch price and not have any biases. I had 3 opportunities to take trade securing my 30pips (80% close) and letting a runner run with stops a BE.
I am starting to learn to identify LTF structure anticipating where price may go and why. I need to create a confirmation list that I go thru before feeling confident in taking a trade, because the real test will come when I begin to execute and manage my trade as per my rules without letting emotions overcome me and become irrational.
Aviso legal

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