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kjwlegend
Sep 15, 2020 11:33 AM

Gold 0915 Trading Plan Short

GOLD (US$/OZ)TVC

Description

nstead 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: 2020/09/14

No plan, No trading

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Entry reason:

Gold is in the end of correction wave B (as a form of consolidation wave a-b-c-d-e ). It re-test the upper trendline again. The circled area will be the best entry to short again with small SL.


So here's my plan:

short with tight SL, SL at $1974, TP1800+

Buy stop: 1975, TP 2000

Trade active

short in at 1968 now

Comment

2500 pips in profit now

Trade active

I'm adding short at 1960 area
Comments
kjwlegend
0916 Plan still remain the same
Wolf_of_Trading
i think its long
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