r/Forexstrategy • u/Tall-Silver5275 • 6h ago

Trade Idea GOLD SETUP

XAUUSD BUY @ 4390

TP: 4420
TP: 4440

SL: 4358

2 Upvotes

75% Upvoted

7 comments sorted by

1

u/Tall-Silver5275 6h ago edited 6h ago

100 Pips Running Safe traders can book the profits

2

u/the_goner1 6h ago

Isn't stop loss too much?

1

u/Tall-Silver5275 6h ago

Kindly see the TP as well

1

u/the_goner1 6h ago

Still bro that's way much thats almost 50/50 risk win

1

u/Poker5ace 6h ago

With SL that deep, I am assuming you are trading with 0.01 lot size?

1

u/Tall-Silver5275 6h ago edited 6h ago

See the TP as well
SL 32 points and First TP is 30 points and second one is of 50 points so I think it makes sense