Hello friends
Hope you are having fantastic week. I have couple of positions open. I posted about T-note few days ago and its going well. There is long opportunity there again. Let's take a look at gold.
Weekly: Macd is above zero line and crossed up. Chikou is above price. There is a big trendline in play here as well.
Daily: I don't have macd here. Just atr to see position sizing. Daily macd is crossed up however. Price is above Tenkan and kijun. Chikou need some work done to get over price. 4h closed above tenkan from below. I am using a wide stop here and target is open for now with initial target around 1320.
Let's see how this one plays out. Not a quick set up. Can take few weeks to play out. I am watching corn right now and when set up arrives will post here. Still watching spx500 for short.
Good luck trading.
Hope you are having fantastic week. I have couple of positions open. I posted about T-note few days ago and its going well. There is long opportunity there again. Let's take a look at gold.
Weekly: Macd is above zero line and crossed up. Chikou is above price. There is a big trendline in play here as well.
Daily: I don't have macd here. Just atr to see position sizing. Daily macd is crossed up however. Price is above Tenkan and kijun. Chikou need some work done to get over price. 4h closed above tenkan from below. I am using a wide stop here and target is open for now with initial target around 1320.
Let's see how this one plays out. Not a quick set up. Can take few weeks to play out. I am watching corn right now and when set up arrives will post here. Still watching spx500 for short.
Good luck trading.