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forgot to mentioned. long earlier at 64. added more at 67.50. stop at 56.

was looking at 59 pivot. long for rally to close based on system.

pivot breakout is a weak trade. imho.

may retest pivot.

3 more points down and it's a high probability buy...but know your stop.

no direction for now. it's trading in range b/w 65 and 47.

darn it. would have scored 30+ pts with my system. Bad luck today. Had to leave at half day. Bad bad timing on the biggest drop ever this year.

once it hit this level, high probability it will close near low.

i am a shorter term trader than you ammo.

Added too. 63.25.

that's why mean reversion should be done only a few times against your system a day. I took a low probability trade on that one. Was right on direction, but had bad luck on timing there. Supposed to re-enter short, but target did not hit. It's bottoming out. Will see in 5-15 mins. We might...

you guys still holding to your long positions?

wow, just noticed the big drop in gold.

bad timing for mean reversion. haha! I think i still can get out with minimal loss.

bloody hell. missed that down turn by 1 pt. long full position 1571.50. This trade may go against me.

30 years backtested. Though, I must say that it's only 50% correct. Haha. Today's gap down throws my system off a bit, I have to do some trading to make up for the difference.

Thanks. My system points to a down day today. I just trade around it. Doing mean reversion for some quick trades on the side. Will exit long position at 1575 or so and going short again.

exit short for +4.5. going long 1571.25. (half position)

here we go again. :) short again 1575.75. quick trade or setup for reversal down.

that trade was a high probability short for me. Though, it didn't run a far as expected.