Black Friday Bulls 1/3 - Re-enter previous channel

Short-term support between 1920 & 1930.

Previous all-time high is the new medium-term support between 1870 & 1880.

Phase 1/3:
Bulls need to break back into previous channel, time window: 5 days.

TP: 1975 - 1980
Buy back in when (new) temporary support test happens @ 1955.

Comment:

Better news than expected for the dollar - CPI is up.

Gold selloff happening now.

How low will it go? Great opportunity soon to go long?

Trade active:

Comment:

TP: 1916
SL: 1884

Trade closed manually:

Price ignored channel support, continuing to 1884 key pricepoint.

Still looking for an enter into the long.

Trade active:

Same TP and SL. Good entry this time.

Trade closed: stop reached:

Well that's annoying.

Trade active:

Re-entered long @ 1894.

Not ideal, but we'll have to make up for it by increasing lot size.

Comment:

Price trending nicely above the channel support now. Looking good.

Comment:

TP moved. New TP @ 1919

Comment:

Retesting that 1912 (61.8% fib) mark. Are we going to break through?

Trade closed manually:

Nope. Closing position. 0.40% profit made. Waiting for next opportunity.

Trade active:

Entering long @ 1903
TP: 1913 (above 61.8% fib)
SL: 1899 (tight, just below channel support)

Comment:

Poor previous entry unfortunately. SL hit. Re-entered at 1891.

Strong mid-term support established @ 1889.

Trade closed manually:

Just trading the range. Time to trade a trend. Bullish or bearish?

Comment:

Bullish.

Opened @ 1905
TP @ 1912
SL @ 1902

Trade closed: target reached:

Nice.

Comment:

Sitting at the midpoint of the channel right now. Market is waiting on news.

Trade active:

Risky quick trade:

Open @ 1909
TP @ 1920
SL @ 1905

Will monitor and close before news is announced.

Trade closed manually:

Closing with 0 loss 0 profit. Not worth.

Waiting on news.

Comment:

Pullback before big sell after news?

Get ready.

Comment:

US retail sales MOM @0.7 = long
@ 0.8 = sell
60 seconds

Trade active:

Going long. Fundamentals had little effect. Technical analysis wins this time. Up we go.

Enter @ 1906
TP @ 1919
SL @ 1902