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motleifaul
Dec 14, 2017 12:36 AM

Almost Retraced Short

Gold/U.S. DollarFXCM

Description

As I told we are still in a new downtrend. The past decline has almost retraced now and another attempt to fall is due.

Trade closed: target reached

I am taking a first profit leaving part of the position short in the market.

Trade closed manually

To avoid loss for the remaining position I am closing it. The profit of the first part is enough.

Trade active

After this short upward correction I am re-opening the position. The tendency is still downwards.

Trade closed: stop reached

t was not a good idea to re-open this deal as it almost is.
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