Update: Full target hit Update: First Target reached. Closed first half and moved stop loss to entry
Looking for a dip as the price failed to maintain trading above 1225.00 main horizontal resistance, while RSI showing a bearish swing failure divergence.
Good luck Subscribe to my trading portal thefxchannel.com/ , My best regards Technician
Trading Criteria: 1.Trades are taken in two units 2.First unit would be closed at first target 3.Stop loss is then moved to break-even 4.Second unit would be closed at second target Notes: 5) If 90 percent of first target is reached without triggering entry I cancel the trade 6) If 90 percent of first target is reached I move stop loss to breakeven. 7) Remember: Losing is a main part of the game
Kommentarer
tst
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Nice trade, unlike others you have posted one scenario/direction with the stop/target tool which makes you right or wrong. A true Technician and profitable trader. Most people post ambiguous comments or statements that make them right regardless of where price goes and targets rarely hit.
Technician
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Thanks tst. Been in a travel vacation for the past week, and glad to be back.
True what you said. I would love that everyone will know how to point out scammers after seeing this. This business is full of them.
When you hear words like, i am suggesting the different scenarios and you choose how to trade it, you know that its probably bullshit scam. Thats why i publish a big percentage of my ideas with precise targets and stop loss, there is nothing to be afraid of.
ashif030
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agree :-)
vietnamgold
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I agree that price should retrace, probably back to 1206 - 1212. Daily chart formed a bearish pin bar also support retracement scenario.
Technician
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Yes mate, going well so far
TimBrent
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Going very well Thank you technician
Technician
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yw
mikebod
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Nice call
luismialcega
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WHTA DO YOU THINK NOW ABOUT GOLD? IS JUST AT THE SUPPORT. I THINK IF YOU LOOK IT IN 1D CHART, THERE IS JUST A CORRECTIVE MOVE.
SO, I THINK PRICE IS GOING TO BOUNCE AND GO UP AGAIN, IM NOT EXPECTING A RUPTURE OF THAHT SUPPORT TO GO DOWN.
WHAT DO YOU THINK?