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GcNaif
Jun 23, 2015 2:02 AM
Long to Catch the CD leg of Potential Bearish ABCD
Long
FX:XAUUSD
60
Gold/U.S. Dollar
FXCM
Description
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Jun 23, 2015 2:02 AM
Watching PA to catch the CD leg of potential bearish abcd in red . entry ,sl and tp on chart.
XAUUSD
Comments
IvanLabrie
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Jun 23, 2015 2:05 AM
I think this is very bullish accumulation, each swing is similar but slightly higher, specially true if your ab=cd works.
GcNaif
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Jun 23, 2015 2:08 AM
yeah Ivan. i think its better to take 10-15dollar moves in gold than waiting for the big moves
IvanLabrie
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Jun 23, 2015 2:08 AM
The big moves are in the weekly chart, and monthly it seems, so yes, agreed.
Not for the faint of heart.
GcNaif
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Jun 23, 2015 1:50 PM
Update: Stopped out
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