Saturday, December 23, 2017

This is the last post for the year and I have to tell you that I was disappointed that the price did not go through 1239 to reach 1204 where the trend line, that has been building up for the last 2 years, is so all I can think is that may be the price is just trying to build a much stronger bullish trend for 2018. What I did was to close my short position @1265 and go long @1265 hoping for the price to break 1300 by January 2018. Bearish scenario would be for the price to go down to 1210 - 1220 on January to then turn around and establish a bullish trend for the next 6 months. SL order for my long position @1265 is @1255 and I will increase the size of it @1302.

Disclosure: I´m long @1265 SL @1255 TP open. I did also setup a buy order @1302 SL @1282 TP open.

Merry Christmas to everyone and Happy New Year !!!!

5 comments:

  1. This comment has been removed by the author.

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  2. good call sir, i don't feel that good having long term negative swap on my account so play short term.

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