FX:XAUUSD   Gold Spot / U.S. Dollar
8554 124 127
I've started to post an Energy / Stock / Metal Trade for the followers to trade.
I will post the update in the "update status" section of the portfolio post.
Starting capital is 10.000 $ in each portfolio. When I close the actual trade I will move the whole amount to the next trade - in this case it will be Metal trade X.

Metal trade 1 ended with 6047.5$ profit.

I'm going to play tomorrow's NFP data with a small long position:
Starting capital from Metal trade 1: 16047.5$
Buying 25 XAUUSD            
Price: 1210.62
Margin impact : 629$ (3.92%)
Pattern: raising triangle
SL: 1199 $ ( But most probably I wil not use a stoploss because even if we go down 100$ - what is the maximum in the intermediate decline in my opinion - I will loose only 2500$ from the previous profit.)
TP: 1235$

I used the light green line to count the TP level from the pattern.

Comment: I'm not going to take profit because the data is so weak that we will go much higher.
All those who enterd into this position you can decide to take profit here or wait with me.
I will post when I get out.
Unfortunately it's a small position only.... But it was a small risk only with this tiny position....
Comment: Selling 20% of the XAUUSD position.
Selling 5 XAUUSD at 1241$.
Comment: Selling 40% gold of the position in Metal trade
Selling 10 XAUUSD at 1246.50$
Comment: Closing all XAUUSD positions before Yellen's speech.
Selling 10 XAUUSD at 1242
Comment: Selling 50 XAUUSD at 1244$
Comment: I'm short in gold right now.
50 XAUUSD short
Margin impact : 4,7%
Comment: Here we go. I post in 5 minutes.
Comment: We have a profit on the last XAUUSD long :
5 XAUUSD (1210.62$ ---} 1241$) 151.9$
10 XAUUSD (1210.62 ---}1246.5) 358.8 $
10 XAUUSD (1210.62 ---} 1242$) 313.8$
Alltogether: 824,5 $

And we have 50 XAUUSD short
I will move the capital (16047.5$ +824$) and this short position to the Metal trade 3 as I will try to add to the short position at the hourly pullback around 1240$.
Comment: Selling 100 XAUUSD at 1239.64$

Related Ideas

This was really good analysis. Great job here.
its touched 1234 and gain sharply
Selling 100 XAUUSD or are you adding additional shorts to your existing shorts? I read you mentioning adding to your shorts when we hit 1240.
I don't understand what do you mean by Selling 100...? please say Selling Short or Long. Thank you.
KevinTang iamgift19
selling in options means short in stock. Thanks.
iamgift19 KevinTang
But in the prior day, he said Selling... for his Long position. So confused.
KevinTang iamgift19
I understand your concerns. But if you track carefully, recently he never "buying", how to sell. LOL. I think it is just his way to short something.
iamgift19 KevinTang
Thank you so much.
iamgift19 KevinTang
thanks :)
4thewin iamgift19
If you DON'T own a stock and sell it, that means you are shorting it. IF you already OWN the stock (meaning you are currently long) and sell that position you are just closing your position.
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