As discussed on my morning's commentary:My position: As I had needed confirmation, observing Yields chart on firm recovery / I engaged my Selling position throughout yesterday's session on #1,865.80 configuration, with my Stop-loss priced at #1,872.80 which is just few points above my entry. My Target is #1,840.80 Lower Low upper zone, and if #1,854.80 breaks, I will move my Stop-loss on breakeven on original position (will be decent Profit by then) and add one more Selling position towards #1,840.80. I will risk and keep my position even throughout FOMC minutes and take my chances, as I expect FOMC to skyrocket Yields."
Even though I mentioned that I might keep the position ahead of FOMC minutes, I decided to close my order (#1,865.80 - #1,855.80) with decent #10 point spread without excessive risks ahead of traditional FOMC Volatility on the aftermath. Regarding May - June fractal, I am on #12 Profits row and #2 Stop-loss hits. Regarding FOMC minutes, I expect Fed to skyrocket Yields which can provide me the decent Selling opportunity early on tomorrow's E.U. session, as my model requires market closing below #1,866.80 on Gold. Needless to mention, I am Bearish on Gold's Short and Medium-term, as next Technical stop should be below #1,827.80 Lower Low extension. Congrat's for Traders who followed my call!
Even though I mentioned that I might keep the position ahead of FOMC minutes, I decided to close my order (#1,865.80 - #1,855.80) with decent #10 point spread without excessive risks ahead of traditional FOMC Volatility on the aftermath. Regarding May - June fractal, I am on #12 Profits row and #2 Stop-loss hits. Regarding FOMC minutes, I expect Fed to skyrocket Yields which can provide me the decent Selling opportunity early on tomorrow's E.U. session, as my model requires market closing below #1,866.80 on Gold. Needless to mention, I am Bearish on Gold's Short and Medium-term, as next Technical stop should be below #1,827.80 Lower Low extension. Congrat's for Traders who followed my call!
- My official and only Telegram Channel: t.me/goldenBear88
- Few other un-official channels are not mine, they are copies using my real information (impersonating me and my work / identity) so keep that in mind and beware of those.
- Few other un-official channels are not mine, they are copies using my real information (impersonating me and my work / identity) so keep that in mind and beware of those.
