Instead 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: 2020/11/20
No plan, No trading
------------------
Entry reason:
Gold finnaly made a nice rebounce from 1852 to 1869 area, and is approaching the descending trendline.
The previouc quick touch on 1861 also gave us a point to make an ascending trendline.
So next direction will be clear very soon based on the next break out.
So here's my plan:
Buy at 1861, SL 1858, tp 1869
buy stop 1870, tp 1885
Short:
Sell from 1898 - 1907 , , TP 1850 area , SL 1910
sell stop 1858, tp 1850
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: 2020/11/20
No plan, No trading
------------------
Entry reason:
Gold finnaly made a nice rebounce from 1852 to 1869 area, and is approaching the descending trendline.
The previouc quick touch on 1861 also gave us a point to make an ascending trendline.
So next direction will be clear very soon based on the next break out.
So here's my plan:
Buy at 1861, SL 1858, tp 1869
buy stop 1870, tp 1885
Short:
Sell from 1898 - 1907 , , TP 1850 area , SL 1910
sell stop 1858, tp 1850
Trade active
long in at 1862 nowTrade closed: target reached
I'm out at 1878 now. will re-enter at 1873Trade active
in long again
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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.
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.