nstead of calling Gold analysis, I would use the term of trading plan or trading journal to record my trades.
So please note: This is a personal journal only, but NOT a trading suggestion. Please control your own risk if you want to follow, we may have different risk preference and position management strategy.
Date: 2020/09/14
No plan, No trading
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Entry reason:
Gold is in the end of correction wave B (as a form of consolidation wave a-b-c-d-e ). It re-test the upper trendline again. The circled area will be the best entry to short again with small SL.
So here's my plan:
short with tight SL, SL at $1974, TP1800+
Buy stop: 1975, TP 2000
So please note: This is a personal journal only, but NOT a trading suggestion. Please control your own risk if you want to follow, we may have different risk preference and position management strategy.
Date: 2020/09/14
No plan, No trading
------------------
Entry reason:
Gold is in the end of correction wave B (as a form of consolidation wave a-b-c-d-e ). It re-test the upper trendline again. The circled area will be the best entry to short again with small SL.
So here's my plan:
short with tight SL, SL at $1974, TP1800+
Buy stop: 1975, TP 2000
Trade active
short in at 1968 nowNote
2500 pips in profit nowTrade active
I'm adding short at 1960 areaRelated publications
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.