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tntsunrise
Mar 11, 2016 1:27 AM

GOLD INVERSE 1.618 FINALLY COME Short

Gold/U.S. DollarFXCM

Description

SELL LIMIT AT 1281.15 TRIGGERED
This is Inverse 1.618 Ext
MACD DIVERGENCE
Trend line Resistance
SL: 1286
TP: 1135

Trade active

Already in money 40 pips

Comment

Comment

NOW IS 1255
Almost 300 pips

Comment

Take some profits, 1/3 or 1/2, up to you, rest position make it Break Even

Comment

Very good, now is 1229

Comment

Before FOC Metting, closed 2/3 position, balance 1/3 position still holding, and moved SL to break even at 1280.

Comment


Added some short position at 1262 based 0.618 retrace

Comment

Breaks lower low.
Confirm bearish trend.
1281 short position in money 600+ pips

Comment

Very good. The lowest point is 1208. It's getting closer to our first target
1193.50
Comments
chartwatchers
It's a dangerous idea...
we will break above 1300 tomorrow.
tntsunrise
it is not dangerous as long as there is a stop loss.
arif_awan
waterman
brakeout down by profit taking !
SheltonD'Cruz
It didn't happen my friend.
waterman
Everybody was for a bull market run in Gold. But Jack told to reverse and market simply obeyed !!
VanTuan
If Price pull back to 1262 base 0.618 retrace. Where should be placed SL? Fibo 78.6?
tntsunrise
wise choice
VanTuan
Trade active. Hope it runs smoothly
VanTuan
GBPCHF and Gold almost all hit SL and reverse. very, very impressed.
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