Short Gold, Bear Wedge

2018年12月22日

Expecting small correction in gold, ~2-4%. Same pattern on GC1!. I'd expect this pattern to resolve before the end of January.

GLD has pretty liquid options!

2018年12月27日

交易結束：達到停損點

Stopped out; using stops with options might be tricky to do without always getting stopped out. This kind of move against me is pretty standard for wedge plays. Still figuring risk management out.

2018年12月28日

交易進行

Opened position again at a lower price.

2018年12月31日

手動結束交易

I am now a disciple of the church of the Ichimoku cloud, and it is bullish. I think I should stop following a single pattern irrespective of anything else.