JaimePantoja
Long

Gold Forecast 17/02

FX:XAUUSD   Gold/U.S. Dollar
11 months ago
Market Condition: Uptrend
FBO to the Downside
Possible Scenario: Trend Continuation
Long entry at 1218
11 months ago
Comment: Trade triggered
11 months ago
Comment: Now after the price has confirmed its intention to go higher and now that it has reached the 1:1 Risk:Reward Ratio, It depends on you the strategy that you use in order to manage your position; off course everything is based on your risk tolerance
11 months ago
Comment: After the price has given some signals of strength, a possible scenario for the trade management could be to trail the Stop Below the 1214 -16 area (Support Area); this in order to reduce our risk exposure and going in accordance with the price Structure

http://screencast.com/t/kj02F8jUT
11 months ago
Comment: Trailing Stop

snapshot
11 months ago
Trade closed: stop reached: Based on the new level of trailing Stop the Trade was stopped out, notwithstanding if you took half of the position when the price reached the 1:1 R:R this trae would have finished with a small gain (scratch)
pathaniasourabh
11 months ago
Long Entry active ??
Reply
JaimePantoja pathaniasourabh
11 months ago
Yep - Active
Reply
pathaniasourabh JaimePantoja
11 months ago
ok boss!
Reply
JaimePantoja
11 months ago
Although we are out of the position the new task is to keep looking for trading opportunities based on the price action
Reply
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