papeeeboy
@t_papeeeboy
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papeeeboy
Yesterdays trade got stopped out. Market still looking like its carving out a bottom. Could be huge long with more than 5:1 risk reward. We will wait for bullish engulfing candle to confirm another entry. This time we have both the daily and the 4 hour chart showing signs of support in this .18 area. GL
papeeeboy
I like the idea of going long here with a stop just under support line. Targeting between .21 -.22 GLcheck out my new post for updated trading idea.
papeeeboy
papeeeboy
This is what i call a hail mary trade. I'm risking 3 dollars to make a lot more. About 1% risk on this trade. GL
papeeeboy
Gold still in uptrend. I'm going to try to catch momentum. Conservative trade should have a stop below 1890 More aggressive trades should have stop above 1905 or so.Rate increase yesterday will add volatility. GL
papeeeboy
Gold has had a hard time breaking the highs and stay above. I like this quick short idea but very short term.Long term I'm very bullish on gold and bearish dollar. GL
papeeeboy
I'm ONLY looking for long gold opportunities and here is one. Thanks!
papeeeboy
Trend is your friend. Inflation is accelerating. Dollar is finding strength but i believe its not long term.
papeeeboy
This trade is based on a possible reversal. The odds are not on my favor due to the fact that we still have yet to break 59k support as well as momentum to the upside. This trade is based solely on the fact that the ascending trendline has been broken its now at a level of short term resistance. The bearish engulfing candle on the 4hr suggest that there might be some sellers in this area that might take over the market in the short term. Trade with caution! If this trade if successful, it will offer over 10:1 reward. Good Luck and do not trade more than 1% on this trade.
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