Instead of calling Gold analysis, I would use the term of trading plan or trading journal to record my trades.
So please note: This is a personal journal only, but NOT a trading suggestion. Please control your own risk if you want to follow, we may have different risk preference and position management strategy.
Date: 2020/12/ 03
No plan, No trading
------------------
Entry reason:
Yesterday the gold drops to 1813 to retest the preivous resistence line and start rising again to 1834
Gold has almost completed a typical 8 wave cycle, the last wave C is targeting 1840-1850 area. Everyone knows that 1840-1850 is a very strong resistence area and plan to short here.
I'm thinking the same thing.
So here's my plan:
short , 1840 - 1850 , SL 1855. TP 1815, 1805
So please note: This is a personal journal only, but NOT a trading suggestion. Please control your own risk if you want to follow, we may have different risk preference and position management strategy.
Date: 2020/12/ 03
No plan, No trading
------------------
Entry reason:
Yesterday the gold drops to 1813 to retest the preivous resistence line and start rising again to 1834
Gold has almost completed a typical 8 wave cycle, the last wave C is targeting 1840-1850 area. Everyone knows that 1840-1850 is a very strong resistence area and plan to short here.
I'm thinking the same thing.
So here's my plan:
short , 1840 - 1850 , SL 1855. TP 1815, 1805
İşlem aktif
short in at 1842 now
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.