corsicasia

short at 1282 for target 1270 2-4 days trade

Short
corsicasia Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
i short gold at 1282 for target 1270
why because he have no reason to go up like that when i see usdpy up too and stock marjet not down..so is ok
he is also overbought and even if market start to down in risk off he will need consolidate
For my view is just investor secure them wallet during holidays in case of something happens,but we are not in risk off as i see the indicator like vix,yen,stock and co

short at 1282

target 1270

gain 1200pts

2x 1 lot when first lot reach half target i will cut with 600pts profit and i will let the second lot with a SL at + 200 pts for securise my gain aénd be safe
Comment:
i enter a bit early i know that better to wait 1285 but i think all will be ok i add 1 lot now but i have big balance..for people who trade with small money ,no add any lot
Comment:
i tnot think i enter early on this postion,i think is because the fall in Bitcoin make more people back on gold that we not seen for some month..coz as we see we are not in risk off and gold up even in same time than stock or usdjpy...so what i do i have add 1 short every 5$ up..and also during this tile i scalp all day long the small move like 0.33+0.45+0.60+0.22+0.34+.xx+xx and at the end even he still at 1295 abd my short was 1282 i am in gain..and when he will down i will be more in Gain.
In Fact i am sclaper so is hadr for e to make some swing idea here..coz i post idea with my trading way..but ok i have more idea who was win than lost is already a good point.. (also market was in cheat mode more and more and i think 2018 will be more like that as more more beginner open account with 500$ or 100$ then the market do overbought or oversold much in all way all the time,i not seen that before like is 2013-14..it really start since 2016..anyway is start to be more psychological market than technical market)
Comment:
i made many small scalp of 1.5-2.5$ for get back some loss..and i adding i short at 1307...this short i will close at 1298 and will keep my original position

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