TradingView
DLavrov
Aug 5, 2016 2:35 PM

Gold and Volatility Breakout Short

Gold/U.S. DollarFXCM

Description

A bearish candle closed out of Bollinger Bands and gave a signal for opening short trades. MACD and DMI confirm down movement. Entry level is 1340.00 with a stop order above Moving Average with period 20. Take profit order can be placed a little bit higher then 1300.00 support level.
Comments
MikleKey
Entering short here, you should be ready to rebound up to the signal ... the yellow line. But then all the same fall. So - Short.
.... Buying fall, not too bad, but a stop can be very large.
DLavrov
Thanks for your comment! Different strategies give different signals and entry levels. Why not!
PeterHansen
gl 1,52 RR not a trade i would bother with pretty sure tl holds here and theres a rebound that gonna be a better trade :)
DLavrov
Thanks for your comment )
PeterHansen
np just my 5 cents gonna short around 1350 but looking how fast this goes no reason to hold over weekend :)
More