Instead of calling Gold analysis, I would use the term of trading plan or trading journal to record my trades.
So please note: This is a personal journal only, but NOT a trading suggestion. Please control your own risk if you want to follow, we may have different risk preference and position management strategy.
Date: 2020/06/15
No plan, No trading
Entry reason:
Gold broke the ascending H1 trendline , it also formed a double-top pattern at 1743 on last Friday.
1721 the trend wedging point is broken, and gold now is trying to retouch 1720 again which gives me another chance to short.
So here's my plan:
Short at 1720-1723, SL 1728 TP 1705 1690
=============Previsou trading update ============
Emotion: I was confident about the trade since the up TL is broken on last Friday
Result: I short from 1732 and close my short at 1714 1708. 2000 pips in profit.
So please note: This is a personal journal only, but NOT a trading suggestion. Please control your own risk if you want to follow, we may have different risk preference and position management strategy.
Date: 2020/06/15
No plan, No trading
Entry reason:
Gold broke the ascending H1 trendline , it also formed a double-top pattern at 1743 on last Friday.
1721 the trend wedging point is broken, and gold now is trying to retouch 1720 again which gives me another chance to short.
So here's my plan:
Short at 1720-1723, SL 1728 TP 1705 1690
=============Previsou trading update ============
Emotion: I was confident about the trade since the up TL is broken on last Friday
Result: I short from 1732 and close my short at 1714 1708. 2000 pips in profit.
Trade active:
short in now . 1722
Trade closed: stop reached
