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TheZabisyu
Dec 5, 2016 3:48 PM

GOLD / Template 

FX:XAUUSD240
Gold/U.S. DollarFXCM

Description

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If you remember the ThanksGiving Idea where I gave out gold phase template ( not available anymore ) we hit 50% on that template in the current phase.

If you remember the rules when break 76.4 target 50, if break 50 target 23.6.

50% is very sensitive here.

If broken, we have 3 possible targets 23.4 > 100 > 76.4 ( on chart )

Today 1185 did the job...
postimg.org/image/6v8lyg54l/

postimg.org/image/3sess5yor/

Comment

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Current acc situation / update.
Max DD 28$
postimg.org/image/bn1ki5ogd/

Comment

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Interesting that price stopped at 38.2 and got back over 50%.

Comment

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3 possible targets after 50% break achieved.
XAUUSDxauusdlongxauusdshortxauusd4hxauusdbuyxauusdupdatesxauusdsellxauusdwaveGoldgoldtrading
Comments
elmickster
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Boom! Went long at 1159 1 lot :D loving it. TP 1175 to be sure.. or I let it ride.. hmm
mmmp12
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It looks like some fib retracements... I agree with the target 1121 as a final - it's really possible
Isisisme
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Are you going to short and hedge here?
TheZabisyu
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@Isisisme, With no free margin hedge? That would be a mirracle!

I said before I won't hedge nor short, I am on long side, experiencing DD. And 1383 is what I am looking for!
I am too early in this long trade, but I am in.
koastech
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Let's get green again!! Thanks for the update
UnknownUnicorn371507
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Really appreciate your updates, but hoping gold jumps off a cliff here. Rawr!
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