We are not used to publishing so many ideas so frequently but things have been cooking for some time now.
So we published a few ideas about how Gold is behaving and what we was going to do about it.
Short scalps was the solution to the stalling Long move. The idea is when you start struggling to hit 50, 70 and 80 pips short scalps, you know the long is coming. That long however is due to hit a ceiling and come down from there. For this reason we are sticking to our Overall short Bias and continuously short scalping.
Throw in the odd long scalp back to your shorting entry prices and by the time this massive long or Short comes, you probably would have made the same or more on scalps.
So far there have been 7 saucy short scalps and 2 ready salted long scalps and the entry prices/ranges remain the same.
1825, 27, 28, 30, 35, 40 , 46-60. Until of course they get broken and closed above comfortably.
Not to forget the lowest possible entry price for long scalps is very important as if you are on board a long to your short entry you can reap those profits too. (currently in a long scalp but it may not last that long)
Remember Keep the scalps short and sweet and don't be greedy on Gold.
Good luck guys!
This is not financial advice and should be taken with a pinch of salt
So we published a few ideas about how Gold is behaving and what we was going to do about it.
Short scalps was the solution to the stalling Long move. The idea is when you start struggling to hit 50, 70 and 80 pips short scalps, you know the long is coming. That long however is due to hit a ceiling and come down from there. For this reason we are sticking to our Overall short Bias and continuously short scalping.
Throw in the odd long scalp back to your shorting entry prices and by the time this massive long or Short comes, you probably would have made the same or more on scalps.
So far there have been 7 saucy short scalps and 2 ready salted long scalps and the entry prices/ranges remain the same.
1825, 27, 28, 30, 35, 40 , 46-60. Until of course they get broken and closed above comfortably.
Not to forget the lowest possible entry price for long scalps is very important as if you are on board a long to your short entry you can reap those profits too. (currently in a long scalp but it may not last that long)
Remember Keep the scalps short and sweet and don't be greedy on Gold.
Good luck guys!
This is not financial advice and should be taken with a pinch of salt
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