Happy new year guys, I've been holding off for given any idea for 2 years I think :)
Look at the GOLD chart as we can see the 1350 price is the critical price and to be look at. As long as the daily candle stick open below the price, I will biased sell until my target, 1304.9. Until then, we will look at the price on how it will react at our target.
The ratio of risk reward for this trade is quite good. I hope you enjoy my trading idea and please drop any comments !
Look at the GOLD chart as we can see the 1350 price is the critical price and to be look at. As long as the daily candle stick open below the price, I will biased sell until my target, 1304.9. Until then, we will look at the price on how it will react at our target.
The ratio of risk reward for this trade is quite good. I hope you enjoy my trading idea and please drop any comments !
Comment:
Clossing 80% of our position. Nice trade