responsibletrad8r

Week 07 Update

Long
COMEX:GC1!   Futures Oro
On Wednesday it was possible to add to the long trends on gold and crude oil below tuesdays low.

Everytime a market can not make a new close above its 52 week high I plan on exiting a trade if there was a large range day.

Will we see 100$ crude soon, i dont know, all I do is managing risk. So I will exit on new highs and conside the trend to end if there was a close below 18 moving average.

Same for gold exiting at the top and getting back in below prior sessions lows is the way to trade these markets...

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