XAUUSD Buy

2 בנוב׳ 2016Gold is looking like it wants to take off again.
Broken above 200 ma on the 4 hr.

2 בנוב׳ 2016

הערה

Taken some profits waiting for the breakout.

2 בנוב׳ 2016

הערה

Im on this up move for the long haul, it could pull back, but there is nothing stopping it from going over 1300.
Soon I will place a trailing stop and hope for some big gains.

2 בנוב׳ 2016

העסקה בוטלה באופן ידני

I have closed my position and will wait to reenter on a pullback, momentum seems to be stalled around this price for now.

2 בנוב׳ 2016

הערה

Bit of luck there and down it goes!.

2 בנוב׳ 2016

הערה

So far I have timed the momentum pretty well with this trade.
I never did trail my stop which is something I am slowly working into my trading plan.

i am trying to make a sustained effort at the moment to only take certain setups and be more disciplined with my trades which is tough when the market is patchy.

2 בנוב׳ 2016

הערה

My thoughts on gold are that fundamentals are more important than technicals at the moment and we could go far higher before the election.
We could go down and test the cloud but from there 1340 is in sight.
I will only take long trades from here but only when I see momentum from clear price action, a bounce off the cloud or a break above 21 sma.

2 בנוב׳ 2016

הערה

Technical indicators are looking bearish but I am keeping an eye out for sudden massive upside moves over the next couple of days.

2 בנוב׳ 2016

הערה

Ive opened another buy position on the break above sma 21.

3 בנוב׳ 2016

העסקה בוטלה באופן ידני

Closed this trade price moved below ma21 so I closed it waiting on another move above for a small loss.

3 בנוב׳ 2016

הערה

Got back in above ma 21 hoping for a breakout to new highs at the moment.