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Gold Trading Strategy Explained - SMC, Supply and demand, liquidity xauusd trade breakdown — Transcript

by The Trading Academy · 117 words · 15 segments · language en · Watch on YouTube

Full transcript

  1. 0:00if you want to make money trading gold
  2. 0:02follow this strategy there are three
  3. 0:04simple things that you want to be doing
  4. 0:05first of all identify a clean area of
  5. 0:08demand from where the market is giving
  6. 0:09us a sharp reversal in towards the
  7. 0:11upside after that we identify a change
  8. 0:13of character High and a double break we
  9. 0:16then want to place an entry on top of
  10. 0:18the double break with your stop loss
  11. 0:19below the wick that is about to break
  12. 0:22the high you then want to zoom out and
  13. 0:24Target a one to three RIS to reward and
  14. 0:26as you can see as soon as we break the
  15. 0:28high we push up with momentum

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