See pic.. self explain!
Taking profit is one of the most neglected topic among traders. The typical learning cycle goes this way. Trader thinks that the trade entry is all that matters. Trader depletes his trading capital and realized that he has overlooked stop-losses. Time to focus on […]
We have open short position with SL above engulf setting and slightly above daily decreasing trendline Short at 1.49278 Stop Loss at 1.51000 and Take Profit has been set to 1.42623 (close gap) Medium term trade Trailing stop will […]
Recent bearish force has been materialized, the next target is 1180/60. If the force stopped there we can see H&S in the making that would make gold will be at least 2500
Our plan for coming week, short gold on Yellow Line and SL on Blue line (Daily Close)