tntsunrise
Long

Gold finds support with pin bar

FX:XAUUSD   Gold / U.S. Dollar
6599 30 121
Gold             finds support with pin bar
LONG GOLD             NOW (1265.24)

SL: BELOW THE PIN
TP1: 1269
TP2: 1278

When Hit 1278, check my previous chart
close all profit for long and short gold            
Comment: Very Nice Trade
2hr and 30 mins, hit TP1
+40 PIPS
Comment:
snapshot
Trade closed: target reached: 1ST TARGET HIT
BAL POSITION HIT BREAK EVEN STOP LOSS AND EXIT WITH 1 PIPS PROFIT
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.... Brexit
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How will gold react on brexit?
Is there a good risk reward scenario in this case?
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fuqua Edvardsson
it will be madness today, everytime polls come out, gold will either go up or down through out the day.

im staying out of it till next week, in these circumstances it is hard to thrust a pin-bar or any other signal.
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one thing you may consider, TRADE WHAT YOU SEE.
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investment6300 tntsunrise
Hi Jack, I take you trading in CDF? Trading in market times with ETF will it work?
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tntsunrise TOP investment6300
it will. my trading system can be used in any markets which has good liquidity
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investment6300 tntsunrise
What I am getting to is the instrument in a market like 3SGO is only limited to LSE hours or Credit Suisse AG - VelocityShares 3x Inverse Gold ETN(NASDAQ:DGLD) which is now only trade in US hours again. So the bottom line is the shorter play and the stop loss does not function and a long play is better. You refering to pips telling me you in spreadbetting I gather? So the question is between spreadbetting and stock it has some challenges . You use what? Can not decide should go then CDF or spread betting additional funds. Really appreciate your outlook? The use 24 hour instuments like gold and currency as I am limited to hours.
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XiaJi tntsunrise
verry excellent, thank and i love u
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I am in. thanks Jack. you are my one of the greatest tutor.
+1 Reply
I was with you on this, excellent!
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Thank you. traded the same :)
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already TP =)
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thank you. took your advice. you are fantastic.
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Big Thanks....Jack !!!
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sir, Now Bearish Pinbar?
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tntsunrise TOP NyaMeeEain
yes. That's why we need to take some profit, but i am still hold my long position till TP2
+1 Reply
NyaMeeEain tntsunrise
thz for ur reply sir.
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EricBuss tntsunrise
If you don't mind me asking: Where is your sl?
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snapshot


Jack I would like to share something interesting. You see the chart is XAUGBP (gold in pounds) and the support and resistance seems to be running the gold value or pinned to than USD. If we use the USDGBP graph with it we see the influence be the correlation. Looking at the last drop in price in gold with GBP it seems the upswing make sense for gold better. What is your opnion of gold picture seen in GBP? Might it be a better indicator of movement in price or would it not matter. Does it bring another perspective seeing that?
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alan_watch investment6300
i was also curious about this :) However, Jackhas not uploaded GBP idea for awhile
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investment6300 alan_watch
See GBP that we at major resistance to go long, so it might be the the point turning bull
snapshot
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well spotted!
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Jack Here is my take for the near future on the daily chart
XAUUSD a little more down and a bigger move up
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time to go Long ??
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big profit today!
7 POINT WEDGE LINE SUPPORT BULLISH SCENARIO
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TA is used to identify patterns, follow the trend when pattern is found. Your work is using TA to predict. End game...predicting....follow trend.
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tadawul2015 tadawul2015
snapshot
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Richmand808 PRO tadawul2015
Interesting...thanks.
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Hi Jack, could you please update? Is it time to add more long or to take profit?
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