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tntsunrise
Dec 30, 2016 3:14 AM

Gold Good to short Short

Gold/U.S. DollarFXCM

Description

Gold Good to short
BAT pattern and the structure both
reject the price

SL above 1165

Aim 1140 and 1120

Comment

price fell nicely to 1151

Comment


I am still holding the short.

Trade closed: stop reached

Stopped and exited at 1169
Comments
420snoop
sir is this not a decent long ?
andreedbert
@420snoop, i agree with u, the GOLD will be up until 1190. i still hold buy position for GOLD.
MacGuy93
@andreedbert, Yeah i'm not shorting unless it gets to 1190-1205 area.
sumbaltrader
you all mad gold will created buttom the investor cannot bring it to 1190 and after they need more force to bring it 1090 now the investor need little force to bring it 1090, bcz investor are the kinf of market. they need one position from downside.
mr_d4
@420snoop, I think Jack's suggestion can still work - his is on a different time scale. If you look at his SELL Recommendation, it could EASILY reach is TP1 and TP2 targets and still be well within your LONG TERM buy recommendation to maintain its technical integrity. In short, you can still both be right - you are simply on different time scales
LouisChu
@mr_d4, Buy side and sell side can earn money...haha depends on the exit point...
tntsunrise
@420snoop, need to wait for the confirmation
420snoop
@tntsunrise, thank you, sir

Jack, you are the best and i wish you a happy and wealthy and healthy new year!
Labworx
I'm not in to harmonics but I see one after the other only fail...
FxTyrant
SL hit.

This trade has hit SL >1165 before it hits TP at 1140,

Loss trade.
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