I´m playing a potential Wolve Patern in Gold . I´m entering long at market with SL below 1050 . In case of breaking down, we could see a test to 1000 round figure where I will enter long again.
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6 Trading Rules :
1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5. Start small and increase exposure when trend is confirming your analysis 6. The hard trade is the right trade
Josep Pocalles
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It seems long side is the market consensus. If you are not long yet you can re-enter long with SL below 1040
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Happy new year everybody !
Long still a good opportunity while above 1060 , My targets intact around1170 area
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Move stop to 1090 , profits locked in
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Trailed stop to 1099
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Trailed stop to 1105
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I´m happy to exit this trade now with decent profits, I will wait for a retracement to re-enter again
Really nailed this entry. Are you adding to the winner?
Realisto_FX
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No, market remains erratic and a retracement could erase the already locked profits . Instead to adding risk in same trade I open new trade with usual R/R to keep consistency
Realisto_FX
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New trade with other pair I mean
IvanLabrie
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Ah, it makes a big difference...these things can move way more than expected in your direction.
Realisto_FX
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New minor bullish breakout & continuation :
Realisto_FX
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1080 is holding as support, bullish outlook remains