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Realisto_FX
Dec 2, 2015 8:11 AM

Gold : Wolve Pattern Long

Gold/U.S. DollarFXCM

Description

Good day traders,

I´m playing a potential Wolve Patern in Gold . I´m entering long at market with SL below 1050 . In case of breaking down, we could see a test to 1000 round figure where I will enter long again.

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6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Josep Pocalles

Trade active

It seems long side is the market consensus. If you are not long yet you can re-enter long with SL below 1040

Trade active

Happy new year everybody !

Long still a good opportunity while above 1060 , My targets intact around1170 area

Trade active

Move stop to 1090 , profits locked in

Trade active

Trailed stop to 1099

Trade active

Trailed stop to 1105

Trade closed: target reached

I´m happy to exit this trade now with decent profits, I will wait for a retracement to re-enter again

Regards
Comments
IvanLabrie
Really nailed this entry. Are you adding to the winner?
Realisto_FX
No, market remains erratic and a retracement could erase the already locked profits . Instead to adding risk in same trade I open new trade with usual R/R to keep consistency
Realisto_FX
New trade with other pair I mean
IvanLabrie
Ah, it makes a big difference...these things can move way more than expected in your direction.
Realisto_FX
New minor bullish breakout & continuation :
Realisto_FX
1080 is holding as support, bullish outlook remains

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