RoboCash

Feb 21, 2017 3:24 AM

XAUUSD FOMC week Long

Description

⋅ Feb 21, 2017 3:24 AM

This is what I observe. Gold is continuing correction, for the next leg up, or is it? 1227 area is the confluence of short-term trendline and and 61.8.

Watch the price here. If it breaks through, Gold might need to correct further down.

Comment

⋅ Feb 21, 2017 11:36 AM

1227 is the first entry, then if 1223. SL 1H close below 1219.

Comment

⋅ Feb 21, 2017 12:34 PM

Trade active

⋅ Feb 21, 2017 1:59 PM

1227 triggered !

Trade active

⋅ Feb 21, 2017 2:57 PM

Beautiful! Consider taking profit at 1234. This is the support turn resistance.

Comment

⋅ Feb 21, 2017 2:58 PM

*some profit. We are aiming 1245 and beyond now.

Comment

⋅ Feb 22, 2017 12:57 AM

Added long around 1235. Why? Resistance turn to Support.

Comment

⋅ Feb 22, 2017 6:03 AM

TP1 : 1248
TP2 : 1258
TP3 : 1267
SL : 1227 right now.

For every TP reached, increase your SL and take some profits.

Good luck!

Comment

⋅ Feb 23, 2017 1:20 AM

SL updated at 1230 candle close.

Comment

⋅ Feb 23, 2017 11:56 AM

Consider these level as well.

Comment

⋅ Feb 23, 2017 12:45 PM

If there is a spike down at 1238 when US news is good, add more long. SL is all shifted up 1233 candle close.

Comment

⋅ Feb 23, 2017 1:50 PM

TP1 hit! Do you love it???

Wait for continuation or retracement to add more long, preferably at breakout level just now.

Remember to shift SL!

Comment

⋅ Feb 23, 2017 2:29 PM

Adding Long position of interest!

Comment

⋅ Feb 23, 2017 2:58 PM

I am a swing trader, not scalper. I won't go against the trend, even there is a chance for it to retrace.

Comment

⋅ Feb 24, 2017 8:21 AM

Another point of interest. .Remember to take your profits before week close and plan for re-enter! Have a nice weekend. No more updates for today.

Comment

⋅ Feb 24, 2017 11:22 AM

We are reaching max ATR for the day move. Consider taking major profits about R3

Comment

⋅ Feb 24, 2017 12:52 PM

R3 reached.... want more? stay on. I am pulling out...

Trade closed manually

⋅ Feb 24, 2017 1:41 PM

Due to no retracement at all, I feel the market is overstretched. So close all at R3..

Comments

stephengnz

⋅ Feb 24, 2017 12:56 PM

thanks for your chart. Pulling out too. Have a good weekend. :D

RoboCash

⋅ Feb 24, 2017 1:20 PM

@stephengnz, Thanks for the feedback..

dhanny1303

⋅ Feb 23, 2017 2:38 PM

Cool!!

RoboCash

⋅ Feb 23, 2017 2:57 PM

@dhanny1303, Thank u...

dhanny1303

⋅ Feb 24, 2017 1:00 PM

@RoboCash, great job brother.. keep post idea for next week. i'll copy again :D