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MamounDeb replied Feb 6, 2020This is a perfect entry for long in GU. tight SL and open TP
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MamounDeb replied Feb 6, 2020I talking about GU bro not GOLD. Putting SL at break even now on my long.
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MamounDeb replied Feb 6, 2020Well, the support bellow has been holding since 19 of December and is looking strong now again. Everytime it was tested we had at least 200 pips of movement to the upside. I don't believe we are bearish, we are more in a ranging state and even if it ...
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MamounDeb replied Feb 6, 2020what would be the signal to go long? And what would be the TP. I figure it's a safe position because you can have a very tight SL.
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MamounDeb replied Feb 6, 2020Yeah that's painful when it happens. But it's okay I didn't lose anything
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MamounDeb replied Feb 6, 2020Yeah it was midrange. I prefer always putting SL at BE on my positions even if it means losing profit because I will almost never have negative positions. I am trying to discipline myself with it bevause I am always too greedy with my SL.
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MamounDeb replied Feb 6, 2020I had a short on GU but it hit my SL at BE before crashing. How can I prevent that from happening? it would have touched my SL even if it further from BE. Does that mean my entry was bad?
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MamounDeb replied Feb 5, 2020it has to break 1560 for it to be a valid double bottom. for now, the resistance at 1558 is strong and shows bearish pressure.
4 + 1 (Metals) strategy
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MamounDeb replied Feb 5, 2020looking at shorting gold expecting good PMI data for USD. If gold crashes we will be in for a burning train!
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MamounDeb replied Feb 5, 2020hahahahahha That short looks valid but I'll have a tight SL there.
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MamounDeb replied Feb 4, 2020what's your tp on this? Set up doesn't look great but still looks decent. Edit: Nvm I'm not taking this now, A bit early
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MamounDeb replied Feb 2, 2020TP for this ? Mine is under 1470 but I doubt it will reach this week.
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MamounDeb replied Jan 31, 2020Do you think it will regain those 200-300 points ?
Carpe diem: Intraday tactics for Dax and Dow