XAUUSD Long Trade following Ban new on the Dollar. ロング

Gold/U.S. DollarFXCM

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⋅ 2016年8月3日午後2時52分

Well, Following the midterm up trend, and following bad news on the US Dollar. we still bullish on gold. this is the second trade on gold for today

Please leave a comment and open the discussion.

⋅ 2016年8月4日午後1時57分

Move stop loss under 1353$ for almost risk free trade

⋅ 2016年8月4日午後2時28分

Close 50% of positions, @ $10.5 USD Profit

⋅ 2016年8月5日午前10時18分

Move stop for 2nd half to 1356, just to eliminate risk

トレード終了: ストップロスに到達

⋅ 2016年8月5日午後12時34分

No loses However on that trade only 10.5 USD gain on the 1st half

kniedoborski

⋅ 2016年8月3日午後7時31分

This trade I can relate too, but why not wait for the break out?

SerenaAadms

⋅ 2016年8月3日午後7時54分

Thanks for the comment.
Agree, a break out will be a good idea, however a correction end is possible to predict in strong trend (the case with XAUUSD), specially that entry is just few pips above a combination of very strong support level and fibonacchies (see attached chart).

Sinistro

⋅ 2016年8月3日午後4時17分

I got in that trade TP 1406.69

SerenaAadms

⋅ 2016年8月3日午後4時24分

Well, this is the last trade in the Gold Long Party, unless we break 1367 up. if gold take's our stop, that will mean officials a start of potential down trend or a deep choppy period where we should avoid gold at all.
Lets see.

Sinistro

⋅ 2016年8月3日午後9時37分

I guess I'm counting on a weak dollar at least until the elections (November), we'll see. I wouldn't be surprised to see gold go as far as 1533.54

Kani1987Attila

⋅ 2016年8月3日午後2時56分

tank you!!!

SerenaAadms

⋅ 2016年8月3日午後2時58分

Thank you for your comment.

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XAUUSD Long Trade following Ban new on the Dollar. ロング

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トレード終了: ストップロスに到達