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ProFX_Strategist
May 18, 2016 7:03 PM

Buying more... Long

Gold/U.S. DollarFXCM

Description

Just added another Long position at the current level; (this is my usual procedure for my Gold trades whenever the price falls below my previous long position - kind of a stacking method)... For Gold trades, my focus is on buying whenever price has fallen (keep on repeating until profit, or worse comes to worse; until a break-even scenario)...

*Modified my stop-loss; pushed my stop-loss position further back (but I have typically been buying Gold without stop-losses anyway; I hold my positions with a very tight TP right at the end of a really seriously long stack of Long-positions sometimes; usually it ends up in an ultimate-massively big profit; forgot to mention that it is mostly done on scalping without SL in 1min TF chart...)

Regards.

Stay safe | Trade safe

Comment

I personally brought & stored some 1oz physical Gold Bullion coins in my safe-deposit too...; (was I ever once worried about the up/down price trending of Gold; no, not even once; why should I be worried...?)

Mighty Gold shall be strong & remains strong...

All the best & God bless...
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