GcNaif
Short

Sell based on Clone Resistance.

FX:XAUUSD   Gold/U.S. Dollar
709 10 15
i will be selling this at the close of current 4hr bar , for a nice run down. my sl is 1168 . TP 1135 for now.

This trade is solely based on Clones.
I am a Chart Slave.Thank you TradingView and @nmike.
So yours SL/Profit=(1168-1148)/(1148-1135)=20/13 :-(
Reply
GcNaif MOD Frank Cowperwood
a year ago
i said for now, i usually keep my tp open , depending on the price action, i could close before 1168 if the PA shows me other direction
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Frank Cowperwood GcNaif
a year ago
Ok! Have a nice trading!
Reply
GcNaif MOD Frank Cowperwood
a year ago
thanks you too.
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yujingr
a year ago
This is my selling point too, and I think gold could easily go down to 1118, and even further down to 1085. May I ask how your pink dotted lines are drawn?
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GcNaif MOD yujingr
a year ago
those are the refined support resistance lines using the @nmike Clone Technique. You can view @nmike profile for more examples on clones
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2721151
a year ago
very true....
Reply
GcNaif MOD
a year ago
stops moved to breakeven, risk free trade now
Reply
GcNaif MOD
a year ago
Closed 2 trades and kept one trade open with sl at breakeven
Reply
GcNaif MOD
a year ago
Closed all trades. Clean Slate now
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