glennmercer
Short

GOLD: Short Now Active, Entry at Pivot

FX:XAUUSD   Gold/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
Follow me on twitter: @gmercerfx
Shoot me an email: gmercerfx@gmail.com
Traznor
2 months ago
great entry i did the same. Good job mate!
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glennmercer PRO Traznor
2 months ago
Thanks buddy and good luck to you
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NRBpips
2 months ago
letting it run through next week?
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glennmercer PRO NRBpips
2 months ago
Yessir! Since I'm using invalidation level, no need to be flat over the weekend.
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allanrcferreira
2 months ago
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?
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