Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XAU/USD (Gold) Buy. Enjoy the day all. Cheers. Jim
27th Feb: Stopped out on Friday night (24th Feb) for a nice overall profit. Still in a Sell trade from the 30th Jan which is now in a no lose position, so all good on Gold. Cheers. Jim
JAGfx
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24th Jan: Stop moved up to 1813.815 as just trailing it now. Cheers. Jim
JAGfx
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21st Dec: Stop moved up to 1761.849 as just trailing it now. Not having much luck with the recent Sell setups on this pair, but this Buy is proving to be a winner and offsetting some of my Sell losses. Cheers. Jim
JAGfx
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2nd Dec: Stop moved up to 1724.141 as I just want to lock in more profit. Cheers. Jim
JAGfx
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15th Nov: Stop moved up to 1697.723 as I want to put myself in a no lose position on this trade & lock in further profit. I am also out of both of those previous Sell trades for an overall nice profit. So only the Buy trade in play for now. Cheers. Jim
JAGfx
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8th Nov: Closed 1/2 and also moved my Stop up to the 1616.304 level. It was a high risk trade to begin with and price is now at the MAs, so just reducing overall risk. Still in a couple of partial Sell trades on this pair though. Cheers. Jim.