This blog records my ongoing investment activities 'buying consistently in different companies regardless of market conditions at different times' and my index futures and forex trading activities
Thursday, April 21, 2016
Failed: Short Gold
Yet another failed short attempt on gold. It suddenly reversed its trend and hit my stop loss.
Trading Plan:
1. Trade with the trend
2. Trade when there is a price action reversal with the trend continuation
3. Place SL on previous high/low candle (Limit my loss)
4. No TP. Let market decide when to exit (Let my profit run)
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