gold 4hour say = it want touch fibo 50% daily then fly up
gold break low and this is sell signal (i eat SL) now we must wait for buy in fibo 50% and fibo61%(after buy pinbar come on higher timeframes)
note = near 1818 after sell pinbar come you can pick low size sell and hold it until 1788
if you have old buy you must hedge your buys near 1818 (why you dont put SL in last low? eat 100 SL better than margin call,,eat SL in trade show very pro trader,not bad) then wait gold goes down and back to up( up trend appear) then close sells,then in high,close buys
ALERT= never close hedge sells in low even in 10.000$ profit ,market can go downer and margincall you
good luck
note = near 1818 after sell pinbar come you can pick low size sell and hold it until 1788
if you have old buy you must hedge your buys near 1818 (why you dont put SL in last low? eat 100 SL better than margin call,,eat SL in trade show very pro trader,not bad) then wait gold goes down and back to up( up trend appear) then close sells,then in high,close buys
ALERT= never close hedge sells in low even in 10.000$ profit ,market can go downer and margincall you
good luck
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