Whats up Traders
Im setting up a gold trade, using NUGT . .
Buy Stops Using the Bulkhead Method to catch the wave (more buys as price goes higher)
25% position purchases across 4 buy stops above the bull flag....is my method here
Set a tight Trailing Stop for the entered positions, up to 5-6%
Target Box Shown as Pink Rectangle.
I like Gold Sentiment, I like Gold to lead us off the bottom, I like Gold ;)
Good Luck.
Im setting up a gold trade, using NUGT . .
Buy Stops Using the Bulkhead Method to catch the wave (more buys as price goes higher)
25% position purchases across 4 buy stops above the bull flag....is my method here
Set a tight Trailing Stop for the entered positions, up to 5-6%
Target Box Shown as Pink Rectangle.
I like Gold Sentiment, I like Gold to lead us off the bottom, I like Gold ;)
Good Luck.
Comment:
Price Action Misbehaved a little bit, but it is trending in the direction we expected.
Trade closed: target reached:
This trade close on a trailing stop once we entered the target box.
This trade was a success...albeit not as profitable as I had hoped.
This trade was a success...albeit not as profitable as I had hoped.