Good evening gold gang! Hope you are all good and survived todays blood bath!
As predicted in the analysis .. bears are well in control and pushed price all day other than NY open. The market never gave me a decent opportunity to get in the sells as it kept bleeding .. so this left me waiting for the pull back to capitalise on.
I chose my moment and price continued down through, where we would normally pull back .. and sent me into draw down for a good hour .. which is not how i like to be treated at breakfast time!
I managed to claw back the position to a normal sized loss. Risk management is paramount!
Anyways .. ill not dwell .. im only 1.1 percent down on the day. Lets crack on!
Price now is hovering around the algo with no clear direction currently. I have marked out a buy zone at the algo 1963 .. to take buys up. If that zone fails, then i will take sells down .. closure required.
My algo bounce buys and the bottom would be a great play for me if we make it there
bounce sells at 1973.
Lets have a better day tomorrow! its hard, but you have to put the losses behind and move on using the same strategy
follow and drop a gosh darn like!!
love you all
tommy
As predicted in the analysis .. bears are well in control and pushed price all day other than NY open. The market never gave me a decent opportunity to get in the sells as it kept bleeding .. so this left me waiting for the pull back to capitalise on.
I chose my moment and price continued down through, where we would normally pull back .. and sent me into draw down for a good hour .. which is not how i like to be treated at breakfast time!
I managed to claw back the position to a normal sized loss. Risk management is paramount!
Anyways .. ill not dwell .. im only 1.1 percent down on the day. Lets crack on!
Price now is hovering around the algo with no clear direction currently. I have marked out a buy zone at the algo 1963 .. to take buys up. If that zone fails, then i will take sells down .. closure required.
My algo bounce buys and the bottom would be a great play for me if we make it there
bounce sells at 1973.
Lets have a better day tomorrow! its hard, but you have to put the losses behind and move on using the same strategy
follow and drop a gosh darn like!!
love you all
tommy
Commento:
buy zone was fire! Congrats if you took it
