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Quote from marketsurfer:

We are short /YG june at 1372-- GOLD

stops at lower channel line, upward break by 3 minutes trigger.



surf
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Short? Stops at LOWER channel?
 
Quote from marketsurfer:

We are short /YG june at 1372-- GOLD

stops at lower channel line, upward break by 3 minutes trigger.



surf
More...


How many contracts?

If you dont tell us, then you can fiddle the books.

If goes against you then you can say it was only 1 or 2 contract.

If it goes in your favour you can claim it was 5 or 10 contracts.
 
Quote from marketsurfer:

We are short /YG june at 1372-- GOLD

stops at lower channel line, upward break by 3 minutes trigger.



surf
More...

WTG! It broke big monthly support. Maybe a bit of chasing here, but still better go with the flow, not against it.
 
Quote from cornix:

WTG! It broke big monthly support. Maybe a bit of chasing here, but still better go with the flow, not against it.
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Its good the OP has made a call to go with the trend, however he is way too late to the short party, the big trend following funds will be short from much higher levels. Gold could easily have a snap back rally once all the stops and weak long hands have been shaken out.
 
Quote from slumdog:

Its good the OP has made a call to go with the trend, however he is way too late to the short party, the big trend following funds will be short from much higher levels. Gold could easily have a snap back rally once all the stops and weak long hands have been shaken out.
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Yes, still a long way of improving the timing is probably ahead, but I see the constructive changes, that is good.
 
Based on your position is the lower channel above your entry? I think it must be since you said it is your stop, but just want to clarify.
 
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