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: 2020/11/20
No plan, No trading
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Entry reason:
Gold finnaly made a nice rebounce from 1852 to 1869 area, and is approaching the descending trendline.
The previouc quick touch on 1861 also gave us a point to make an ascending trendline.
So next direction will be clear very soon based on the next break out.
So here's my plan:
Buy at 1861, SL 1858, tp 1869
buy stop 1870, tp 1885
Short:
Sell from 1898 - 1907 , , TP 1850 area , SL 1910
sell stop 1858, tp 1850
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: 2020/11/20
No plan, No trading
------------------
Entry reason:
Gold finnaly made a nice rebounce from 1852 to 1869 area, and is approaching the descending trendline.
The previouc quick touch on 1861 also gave us a point to make an ascending trendline.
So next direction will be clear very soon based on the next break out.
So here's my plan:
Buy at 1861, SL 1858, tp 1869
buy stop 1870, tp 1885
Short:
Sell from 1898 - 1907 , , TP 1850 area , SL 1910
sell stop 1858, tp 1850
Trade active:
long in at 1862 now
Trade closed: target reached:
I'm out at 1878 now. will re-enter at 1873
Trade active:
in long again
