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TayFx
Jun 26, 2020 10:44 PM

🏆🏆Gold: Floatin +2.83%, +490 pips- Closing In $1,800/oz. 🏆🏆 Long

GoldOANDA

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I've been asked a lot about new entries for those who missed my sniper entry at the absolute bottom. Look at this chart, and you will see a large tail under one of the recent 4-hr wicks. This represents liquidation, and can mean that the real move will happen, now that the speculators are out, and their positions are now controlled by their institutional brokerage firm.

This being said, use a stoploss below that price. That's a pretty rare thing to see--sorry to those that got stop hunted-- but use it to your advantage if looking to enter new

Comments
ARegularGuy
@TayFx, ride that thing to the moon. look at all that buying pressure forcing PA to go up! that is a huge hammer!
TayFx
@ARegularGuy, Haha, yes. It's easy money
TayFx
@TayFx, Not investment advice and just a mere representation of my strategy, which of course I don't imply future earnings based on based results, and so fourth. 🤣
TayFx
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