TradingView
MrVolcano
Jul 4, 2017 1:45 AM

Gold - price breakdown Short

Gold/U.S. DollarFXCM

Description

A tip from @chartwatchers got me notice that gold had broken below the support flow and was about to head lower. Unfortunately I had trouble getting some money in to my account which added a 20 min delay to taking this trade. Had it not been for my delay and hesitation I would have gotten in at a much better price with double the RR.

Unfortunately I move my SL just in case and moved it too far, so was stopped out overnight for a 0.5R.

I think there is another opportunity to get in on this trade on the 1hr chart.
More