Friday, November 3, 2017

Recently posted on the spotgoldblog hangout: "That means sell the rally is the preferred scenario with a tight SL @ 1286. You can either sell half an hour before the release and trail your stop down after the news or sell on the news using the 1 min chart strategy. I do not think it would go lower than 1254 today. Now if the price rallies on the news then an hourly close above 1286 would mean the rally can be sustained over the weekend. Watch EUR/USD and 10 Yr Note."

Disclosure: I sold @1275 SL @1286 TP 1254. If the price reaches the TP I´m going to buy @1254 SL @1244. If the price rallies on the news then I will wait for the hourly close to buy if prices has gone and closed above 1286 SL @1276 TP @1347.


4 comments:

  1. Replies
    1. Not very sure after Yesterday´s event in Saudi Arabia.

      Delete
  2. Wow, What an Outstanding post. I found this too much informatics. It is what I was seeking for. I would like to recommend you that please keep sharing such type of info.If possible, Thanks. osrs gold

    ReplyDelete

Disclaimer: This site is not intended to provide professional advice nor to lead users to either copy or follow the trades herein posted, it is essentially conceived to share thoughts and ideas for non-professional traders and become a non-official knowledge base for individuals interested in testing and improving their own skills in the spot Gold market.