COMEX:GCZ2015   GOLD FUTURES
OK...price has popped pre-market and we are pulling stops a bit tighter. We are now at entry minus 10 ticks. We have a very low risk for the incredible reward. If we take out the most recent highs at 1140.70 then we should get our first target. Stay tuned.
Nice. That double tap and hold of the 1100 was clutch and the back test of 1118-1120 the last few days gave us the a-ok to go.
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OffTheFloorTrader Justiceisfalse
Thanks Justiceisfalse...yes it was. We just hit our first target on the last pop. Pulling stops to entry plus 10. Risk free trade. Let's see how far they can take it. Trade well.
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Looking for the downtrend, actually. Why do you plan to be bullish on this setup??
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Thanks c0les0...we agree long term. Look through our recent posts. We have a monthly signal screaming short but our daily set was to strong to ignore. We just hit our first target this morning on the pop and now have a risk free trade. Been trading way to many years to know that price out weighs thought. Good trading!
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