This has been a great setup and I am up 381 pips with this trade. If you notice the red circle on the lower high trend line, you will notice that is where I am looking to exit the trade and possibly enter into a selling position. Keep in mind that I trail my stop loss into profit. Therefore, my trade is risk free at this point. However, I will continue to manage this trade. I do this so if the trade reverses in the opposite direction, it kicks me out in profit. I love hearing from you guys on what you see happening with the price of Gold. I did have a hedging position with a sell is well, but I closed my position once I saw that price rejected the micro trend line into profit. We do appreciate you for checking out our post and remember, we will see you on the other side.
Rodrick (CEO)
Third Eye Traders
Rodrick (CEO)
Third Eye Traders