Gold Long after H4 TL Bounce

٢٠ سبتمبر ٢٠١٦

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.

٢٠ سبتمبر ٢٠١٦

تم فتح الصفقة

Buy Limit activated overnight.

٢٠ سبتمبر ٢٠١٦

تم فتح الصفقة

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. :)

٢٠ سبتمبر ٢٠١٦

تم فتح الصفقة

...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.....

٢١ سبتمبر ٢٠١٦

تم فتح الصفقة

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.

٢١ سبتمبر ٢٠١٦

تم فتح الصفقة

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

٢٢ سبتمبر ٢٠١٦

تم فتح الصفقة

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

٢٢ سبتمبر ٢٠١٦

تم فتح الصفقة

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.

٢٢ سبتمبر ٢٠١٦

أغلقت الصفقة: تم الوصول للهدف

TARGET REACHED!