Long Gold

Entry: Any price between 1204-1225
SL: Daily close below 1200
TP1: OPEN
TP2: OPEN
TP3: OPEN

*NOTE* SL will move to BE before TP1 is hit in the event that this trade goes our way.
*MONEY MANAGEMENT* If you cannot afford to lose this much, only open as many positions as is viable.

Trade active:

I actually opened this trade on Friday, but it was under my buy price. So, if you opened at the open today, then you are holding a small profit already.

Comment:

Move SL to daily close below 1210

Comment:

Set TP1 to 1239.50

Trade closed: target reached:

TP1 hit. Approx $126 = 194 pips. Move SL to BE. We MAY open additional positions on pullbacks, and TP2 MAY be approx 1309.50, but at the moment, TBD.

Trade active:

Half October Stats:

$313 (393 pips); 3/7 = 43% strikerate (3 open positions in gold/EURJPY well in profit and DOWJONES just entered and currently near BE).