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SergeantPringles
Jan 22, 2016 10:13 AM

GOLD - 30m - Update Long

Gold/U.S. DollarFXCM

Description

I bought the breakout yesterday with agreesiv stops. sadly we didnt see the momentum kicking in, and i got stopped out by the smaller consolidation we are currently stuck in.
still looking to go long for the next breakout, tho the bull bear fight seems really strong currently. but one group will win eventually, so just patience

GO BULLS!!!

Comment

TG 1 hit, runnaway targets currently somewhere in the 1126 region. stops below the 15 min consolidation at 1109

Comment

stops to 1119. we r approaching the potential killzone for gold and i dont wanna be set back to 1109 to potentially make another potential 4. im happy with the profits i made in this trade. if we can use the momentum to get me to 1126, then i happily take it. if not, im out at 1119.

Comment

potential mini doubletop coming in on the 5min that will probably drive the market abit lower at least for the moment if we confirm it by breakin below it. so stops in danger. thats why i just brought them up to 1121.20
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