Today ı took this trade. Xau Futures. Cvd is looking like absorption. So I took long. Trade is still on but losing. In volume profile i took the trade in discount. Is there any mistake I make to take long trade? Please tell my mistakes. Thank you.

I usually wait until after the market opens to trade. Very rarely do I encounter a scenario where multiple timeframes converge, from HTF to LTF, and in those cases, execution occurs pre-market, which is why I take advantage of the opportunity to get a shot at futures trading. My question is whether the plan you posted here for the week—waiting for the market to open—is a strict rule to follow, or if it can be disregarded in cases like the one I experienced today.

@Razvan Mocanu Sir see this i waited with patience for the market to drop down to its level you can see at 15 mins the low of the last candle was probably the reversal and market exactly tapped that red line and took reversal and on so i was already in the trade and pulled my sl down to that red line so it got reversed back then and then started pulling up my sl back again and it did give the break out again so it was a high risk trade but as im just doing on demo account so i cannot work on small risk if that was the scenario i was already in profit when market gave the first breakout and i was at 3k profit with 2lots and now im in profit of 2500 with 1 lot so i hope i told every thing clearly this time and now you can explain me better with it thankyou! Ill be waiting for your response as in guidance

@Razvan Mocanu i have a question if this 15 mins closes above 4096 can i go long? For 20$ move? And if this closes down below 4077 can i go for short then? Please guide me

Will gold long all the way to 4197?