Update: Trade is Active Update: Stopped out Profit(pips)=-200 Accumulated Profit(pips)= +2666 ----------------------------------------------- As price hits 1307.00 support level and the 50-days SMA, I look for a short term bullish bounce, the bearish momentum is really strong but i think gold is pretty oversold could be heading for some adjustment. ------------------------------------------------------- Still Active Trades: tradingview.com/v/V2wEf4mq/ ---------------------------- twitter.com/thefxchannel thefxchannel.com
Trading Criteria: 1. Trades are taken in two units 2. First unit would be closed at first target 3. Stop loss is then moved to break-even 4. Second unit would be closed at second target 5. Note that If 90 percent of first target is reached without triggering entry, trade is cancelled 6. Remember: Losing is a main part of the game ;)