Gold Trading Strategy ?New York Open Range Breakout Scalping | Page 3 | Forex Factory

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Attachments: Gold Trading Strategy ?New York Open Range Breakout Scalping

Gold Trading Strategy ?New York Open Range Breakout Scalping

{quote} One more question please Why do you enter here? No engulfing, no strong rejection, no drop-base-drop, even no strong bullish bar. P.S. My vision if you don't mind: {image}
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i call it fractal alignment..price pullback to fvg and on its way it created bearish fvg..now we not only need a rejection from bullish fvg but also need to disrespect the bearish fvg. So we see for the first candle that tap into bearish fvg and mark its high..(red line in the img). Now we need to override that high by closing above it...you notice the following candles (yellow lines) and see that price gets rejected couple of times. But as the high gets broken you know auction accepting higher prices is your initial signal that the bearish fvg got disrespected. You can place order or wait for candle to close outside red line.

Remember: we trading on a random principle. Maintain risk.
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Try this video if you keep changing stratergy after loss.
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changing stratergy after loss
How long are you with this strategy? How do you calculate the strategy W:L ratio if you bend your own first post rules almost every time?
Just an opinion. Based on research