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SimpleTradingTechniques
Oct 16, 2016 3:35 PM

GOLD - BEARISH Strategy  Short

Gold/U.S. DollarFXCM

Description


Go short the GOLD if it trades at 1245.90 or lower. If triggered, place your stop at 1262.34 and exit the position for a profit at 1232.34 or at your own discretion. (Always invest wisely).

In this idea you don’t get the following:

1. How to identify the trade setup
2. How to identify short term trend
3. How to protect gains in your trade
4. Market deciding price exit for large moves in the market
5. Money management
6. Buy/Sell line which let you know when to buy or when to sell
7. Rules of gap opening

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