glennmercer
Short

GOLD: Short Now Active, Entry at Pivot

FX:XAUUSD   Gold Spot / U.S. Dollar
Hey traders! I am ready to enter this one, and have an entry set at the unhit daily pivot for today. This serves as a nice entry as it coincides with the .5/.618 fib area following the bearish impulse. SL is set above invalidation level as this will invalidate the trade setup. TP is set at the missed weekly pivot , but I have deeper targets. We will judge the market if and when the drop occurs. Cheers
Let's see if I understood it. Daily pivot invalidates this trade. So if we closes 1268.4 it still valid for next week, correct?
Reply
letting it run through next week?
Reply
Yessir! Since I'm using invalidation level, no need to be flat over the weekend.
Reply
great entry i did the same. Good job mate!
Reply
Thanks buddy and good luck to you
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out