quantafund1979
Short

XAUUSD BUTTERFLY PATTERN SHORT MODE

FX:XAUUSD   Gold Spot / U.S. Dollar
164 0 11
Butterfly pattern short mode.
Short now
SL is 1298
TP1: 1256
TP2: 1236
TP3: 1191
Trade active: Enter at 1294.31
If it is stpped at 1298, WAIT till the price goes to 1307.
then see the price action.
Trade closed: stop reached: Get taken out at 1298.
Stay at sidelines and wait.
Comment: WAIT for the retracement and short at 1297-1300.
Comment: Short at 1296-1298.
Stop loss is 1305.
Target point 1 is 1263-1265
Trade active: Enter at 1296.5
Comment: If the price retrace to 1289-1291, place a short position again.
Comment:
snapshot
Comment:
snapshot
Comment: I STILL HOLD MY SHORT POSITION AT 1296.5. BUT I PLACED A LONG ORDER AT 1277 IN THE AFTERNOON(BEIJING TIME). RIGHT NOW I TEND TO LONG GOLD AT 1289.
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