Trade summary for Gold (short):
- Entry: 906.3 (see Gold)
- Exit: 934.6 (see Gold)
- P/L: (906.3 - 934.6) / 0.1 * $10.0 = -$2830.0 / contract
- ROC: -$2830.0 / $3362.0 * 100% = -84.18% / contract
Note:
- "When the markets is proving you wrong, get the hell out!"
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6 comments:
cut losses at 949 ...sigh .... right now, open some long position in gold
manage to recover my short losses thru my long positions... a roller coaster week for me :(
stop loss positioned at 950 for profit taking. also positioned stop loss at 18.81 for silver profit taking.
usd weakened against the gold, silver, euro and also the swiss franc.
monitoring 3 hour charts for silver and gold for reentry of long positions
entered long positions below : xau/usd(gold), xag/usd (silver), aud/usd, nzd/usd
yuewah,
You seem to be reacting to news. Is better to position yourself *before* major moves in the markets become headline news.
Boon, long time no talk, recently I have been following gold since gold hit 850. Yesterday, gold pull south and nearly hit EMA 81 days. What do you think? Will gold hit EMA 200 days before a rebound? I am planning to buy some gold.... thanks again....
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