GOLD BASE BASE PLAN

5 May 2016

I think we'll see a 4 week correction before going long. I feel we have +1000 pips of short opportunity.
I'll have short scalping positions till we see 1174.
If we come to 1174 area then my base plan will turn to the long side.
If prices rise above 1310-20 area I'll revise this plan.

5 May 2016

İşlem aktif

First short entry 1285. Bearish gartley on 15M chart. If breaks 1274 then it'll go 1265.

6 May 2016

İşlem elle kapatılmış

closed short position temp. +60pips

9 May 2016

İşlem aktif

Long position. 1264. Targeting to retest 1300-1307 area.

9 May 2016

Not

closed long pos without loss. Wait and see.

12 May 2016

İşlem aktif

Long 1268. Not confirmed by price action. If bounces then it will be impulsive.
TP1 1285, TP2 1309

12 May 2016

Not

Now we have bounce. I think it confirmed long impulse. Good luck.

12 May 2016

Not

closed pos +20 pips. Sideway market. So its better scalping for +50-100pips. At least no loss.