Trading Diary ~ Wednesday 22nd July 2015
Trading Diary:
11:25am Did not expect to be writing any posts here until next week but although I’m still on holiday I’ve got a quiet few days so I am in front of my laptop catching up on emails from customers. While answering a new traders’ question on trading GOLD on high timeframe charts earlier I suddenly noticed a trendFX trade setting up and a few minutes ago the price dropped sufficiently and triggered a ‘short’ position. I am in the market now with a 24 pip stop loss.
13:35pm The GOLD price is still coming down slowly as I had expected so I’m still in my position – current score is +31 pips.
15:15pm I am now out of my trade as the price has bottomed out and bounced off a minor support level at $1087:00 a few times. I’ve ended with a +55 pip profit.