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: 2020/10/20
We have made a nice profit in the last short plan.
No plan, No trading
------------------
Entry reason:
Gold is approaching the bottom edge of the consolidation area.
Based on my last analysis (Check the related link below), the next 4 hours is the key to confirm the further direction. As long as no rebounce happens strongly, the bearish power will be impressive very soon.
Short:
I already entered sell stop at 1899 and add short at 1902 now. . sl 1905
TP, 1885
1865
1850
Long:
No buy at this moment for me, buy maybe buy limit at 1867
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: 2020/10/20
We have made a nice profit in the last short plan.
No plan, No trading
------------------
Entry reason:
Gold is approaching the bottom edge of the consolidation area.
Based on my last analysis (Check the related link below), the next 4 hours is the key to confirm the further direction. As long as no rebounce happens strongly, the bearish power will be impressive very soon.
Short:
I already entered sell stop at 1899 and add short at 1902 now. . sl 1905
TP, 1885
1865
1850
Long:
No buy at this moment for me, buy maybe buy limit at 1867
Trade closed: stop reached:
I hit my SL. I will find another chance to enter again
Trade active:
I now enter short again at 1903
