XAUUSD SHORT IDEA
Updated
I WOULD LOOK AT THIS TRADE THIS WAY:
1. I WILL SPLIT MY POSITION TO 4.
2. FIRST 3 TARGETS AS SHOWN AND THE FINAL TARGET IT WILL BE SHOWN ON THE DAILY CHART
3. IF TARGET 1 IS REACHED I WILL ROLL MY STOPS TO BREAK EVEN
4. IF TARGET 2 IS REACHED I WILL ROLL MY STOPS FOR THE REMAINING TO BELOW TARGET 1. ETC....
IF THIS GOES AS I AM EXPECTING, I WILL UPDATE THE 4TH TARGET.
***I AM NOT A PROFESSIONAL TRADER SO PLEASE DO NOT COPY MY TRADES. I MIGHT BE WRONG.
1. I WILL SPLIT MY POSITION TO 4.
2. FIRST 3 TARGETS AS SHOWN AND THE FINAL TARGET IT WILL BE SHOWN ON THE DAILY CHART
3. IF TARGET 1 IS REACHED I WILL ROLL MY STOPS TO BREAK EVEN
4. IF TARGET 2 IS REACHED I WILL ROLL MY STOPS FOR THE REMAINING TO BELOW TARGET 1. ETC....
IF THIS GOES AS I AM EXPECTING, I WILL UPDATE THE 4TH TARGET.
***I AM NOT A PROFESSIONAL TRADER SO PLEASE DO NOT COPY MY TRADES. I MIGHT BE WRONG.
Trade active
Trade closed: target reached
2 targets reached. then stopped out for last 2 positions on break even.Note
I AM NOT SURE IF THE TRADERS MISINTERPRETED THE NON-FARM NEWS AND GOLD DROPPED THAT MUCH. BUT I EXPECT IT TO GO HIGHER NOW.
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