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tribal1971
Nov 1, 2013 6:04 PM

Gold Long

Gold Futures (Dec 2013)COMEX

Description

Risk - 0.098%
Reward - 0.07%
R/R Ratio - 0.74
Probability - High
Trade will expire 25th Novemeber
Comments
techanalysis2151
Hello, I was curious as to what you are basing this on? Is the idea more fundamentals backed?
tribal1971
Seasonal - Every year in the last 14 years has either been up or down as little as $17.50, from Nov 1-30.
Technical - Fading head and shoulders patterns, and the options strategy is designed to be adjusted favourably with even a modest bounce off 1300.
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