Overnight long trade did not worked out, got stopped out, anticipating breakout reversal still far fetched...
'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**
Sunday, November 24, 2013
Tip Alert: Gold Overnight Long
Entry: 12411
Stop: 12374
Target: 12500
Note: Trying to trade for a reversal, let's see if it's going to work in favor...just taking a risk for a possible breakout, with that 'box' per observation...
Stop: 12374
Target: 12500
Note: Trying to trade for a reversal, let's see if it's going to work in favor...just taking a risk for a possible breakout, with that 'box' per observation...
Friday, November 22, 2013
OBSERVE & TRADE: TIP ALERT SERVICE (GOLD FUTURES)
Introducing from this humble Market Observer a different kind of (very unique) Trade Alert Service that will help traders, especially the new ones - and the market instrument is exclusive only for Gold Futures market.
This is a very unique kind of service that will help Gold traders add input/idea to make/place/put a trade. Very simple, not much indicators, no level price (S/R) determination - to avoid confusion, all purely 'pattern' observation, but with adherence to strict discipline. That means, NO 'EDGE' OBSERVATION, NO ACTION (NO EDGE, NO TRADE: TO AVOID OVERTRADING, COMMISSION COSTS, AND OF COURSE, NO LOSS).
WELL, THE ONLY CONDITION IS THIS, IF THE TIP ALERT SERVICE MATERIALIZES, YOU JUST DONATE A DOLLAR ($1.00) FROM THE DONATE BUTTON RIGHT BELOW ON THIS BLOG, YES, JUST A DOLLAR! IF IT DID NOT MATERIALIZE, NO NEED TO DONATE, KEEP YOUR DOLLAR. AND IT'S UP TO YOU TO DONATE OR NOT, EVEN IF IT MATERIALIZES, I DON'T MIND, THAT'S FINE!
BUT IT DOESN'T MEAN YOU HAVE TO FOLLOW EXACTLY THE TIP ALERT AS IT IS, YOU HAVE THE DISCRETION TO DECIDE, BUT THE TIP ALERT I AM GOING TO POST IS MY REAL TRADE, IT'S UP TO TRADERS TO FOLLOW.
THIS IS JUST FOR HONEST TO GOODNESS KIND OF SHARING IDEAS AND KNOWLEDGE SERVICE!
SO LET'S TRADE ON!
Thursday, November 21, 2013
Tip Alert: Gold Overnight Long
Entry: 12432
Stop: 12398
Target: 12525 (will monitor as the session is on-going)
Note: Trying to get long even though the trend is down, but considering the drop already on its fourth consecutive session, I am looking for a reversal, let's see how it goes. In trading nothing is predictable, it's all about probability, and you have to take risk, and this is one example of the risk, but of course with control.
Stop: 12398
Target: 12525 (will monitor as the session is on-going)
Note: Trying to get long even though the trend is down, but considering the drop already on its fourth consecutive session, I am looking for a reversal, let's see how it goes. In trading nothing is predictable, it's all about probability, and you have to take risk, and this is one example of the risk, but of course with control.
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