Successful: Short Gold

4H chart gold chart was showing that it is going down soon. When the entry was taken yesterday's morning, gold didnt came down immediately. Instead it went on a roller coaster ride upwards almost hitting my stop loss and was shy away before it finally came down during the US session around 10pm. *phew*

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)

Successful: Short Gold

This time gold did went lower and was a successful one. But to close the trade early as its already 11pm. Time to zzzz

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)

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)

Failed: Short Gold

Everything looks great for this trade setup. Gold was going down and there was a nice reversal and I was ready to short it as it is expected to go lower but I think there was some news which caused gold to run up abit and hit my stop loss. Oh well, not everyday is Sunday :)

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)