ENTRY: We are placing a -BUY- as we saw that our 4H candle has closed -ABOVE- our trend-line. This is a VERY aggressive entry. But we are looking to possibly even reach 1300.00 by the end of the week.
S/L: Our Stop is +10 PIPS -BELOW- our Weekly Support of 1275.00. We see that it is a key area and we believe we have a strong stop.
UNEXPECTED: We have lots of unusual movements especially with gold. If we do manage to get stopped out and our candle closes as a bearish candle. We will look to ride this to the downside again and hopefully reaching break-even.
EXTRA: When our 6H candle closes -ABOVE- we will add another position to make more profit.
TRADE UPDATE: Manually closed with +10 PIPS of profit. Our entries are usually on the 6H chart and we never had our confirmation. Our entry was TOO soon. Looking for a better trading opportunity.