ScottBogatin

follow up gold and oil

Formazione
TVC:GOLD   CFD Oro (US$/OZ)
more thoughts on oil and gold @ NOON EASTERN. There are lots of ways to determine when you're wrong if you're in a trade. Today because of the selling tails in a market that I think is transitioning lower, I would use today's daily bar as a barometer and stay short until the market retest the breakout, and I would have an alert if today's bar moves above its open, and I would be comfortable if those numbers are appropriate for a trade... to stop watching at market with any degree of intensity. I would just let it play out. If I was in a trade I want to make sure that once the trade is executed that the broker has received and posted my O CO order. This is very important. Always be sure that the instructions you need are recognized and executed by the broker. With my broker the O CO orders are held until I enter the market, but it is possible to enter a market and because of circumstances the O CO orders are not triggered. So make sure your broker is on the same wavelength as you are or you can get hurt very badly.
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