For breakouts on XAUUSD (especially M15), what helped me most was making “confirmation” rule-based and boring:
- Wait for a close beyond the level (not just a wick), then a retest that holds.
- Reduce size around news / when spreads widen — a lot of “fakeouts” are just liquidity + cost.
-...
Hi everyone,
I’m new here and just getting started with trading, so I wanted to introduce myself. I’m based in China and I’ve been reading through a lot of threads to get my basics right before putting real money at risk.
Right now my main goal is to build good habits: risk management first...