Good morning traders,
It seems Gold found support at 50 % retracement from latest bullish impulse. Also it crossed 50 MA on a daily basis. So I´m attempting a long continuation with SL below 128 on a daily close
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6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
Josep Pocalles
It seems Gold found support at 50 % retracement from latest bullish impulse. Also it crossed 50 MA on a daily basis. So I´m attempting a long continuation with SL below 128 on a daily close
You can subscribe to my mailing list for FX Alerts : eepurl.com/bp_sgP
6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
Josep Pocalles