Gold Long after H4 TL Bounce

20 sept. 2016

Gold Long after H4 TL Bounce, buy limit is set, if triggered over night, due to FOMC on Wednesday, may go flat early to avoid a crash in profits. Or protect profits. If this doesnt trigger, I will be looking to make a post FOMC move.

20 sept. 2016

Transaction en cours

Buy Limit activated overnight.

20 sept. 2016

Transaction en cours

Decided to move my stop to structure low in prep for FOMC tomorrow if I keep the trade alive for that. It's still a 1:1 risk reward. :)

20 sept. 2016

Transaction en cours

...but if it breaks my original SL location today, I will consider getting out and re-enter at a better price maybe after FOMC. Because if it breaks that SL, then its below the h4 TL and has went back into a sell zone. We shall see. Price is in consolidation now.....

21 sept. 2016

Transaction en cours

In profits good from last night...will likely hold this position thru FOMC, the move should keep going buy. I am targeting 61.8 fib.

21 sept. 2016

Transaction en cours

Changed TP target to 78.6 fib, longer term buy - but still may get out at 61.8, depending on the aggressive FOMC moves.

22 sept. 2016

Transaction en cours

Moved stop loss to last consolidation zone, in profit if hit. Still targeting 78.6 fib for tp!

22 sept. 2016

Transaction en cours

Tightened stop up to a good profit level in case of small correction. Locking in profits! I am still targeting 78.6, should reach it today! Wait and see.

22 sept. 2016

Trade fermée: cible de profit atteinte

TARGET REACHED!