Live Forex Trading #liveforextrading 9thFeb

So yesterday you guys were asking if it's time to go long on gold. So let's check out the charts and let's make some decisions. So on my rules, I say that when the second candle opens above the atma, we should go long. But unfortunately, we are too close to what the 200 moving average. So we can't go long yet. We need to wait a little bit. We need a breakout. Where does the price need to break out to is the question. So I think when the price breaks this fractal over there, then we can go long. So we need to wait until the price actually breaks that fractal. And. And I think the price should be between 1890 and maybe even 1892. So if I wanted to trade this, I would actually put in a buy stop at the between the 1890 and 1892 zone. And don't forget to add your sell stop in case it reverses. So put that sell stop on the first fractal here. And if we catch along, we catch along. So right now, what are we doing? We're sitting on our hands. We're doing nothing. Nothing to do. Just be patient. Don't chase the trades. The trades will come to you.