Monthly MACD and SS both bullish. Waiting for breakout.
Hold your position
Wednesday, August 13, 2014
Thursday, July 31, 2014
Prediction
I might be wrong but my prediction is here. Too bad I can't enter buy position. I will be out of city without internet. It seems 1240 is another great support zone.
Happy
Why I'm happy? Cause I don't trading. Trading is stressful job. Two good trades per month is perfect for me. Over trading will kill your balance quickly and you'll get nervous when you see the market too closely.
Monday, July 28, 2014
8 hours slow stochastics
Monthly, weekly, daily slow stochastics still down. 8 hours of slow stochastics overbought and ready point down. Maybe this time gold will fall below 1280.
Friday, July 25, 2014
Tuesday, July 22, 2014
Tuesday, July 15, 2014
What really happened?
Here's what happened. I gave too much credit for weekly and daily indicators. When I made bullish calls monthly stochastics was already crossed and pointing down. I know I don't have to ignore the monthly slow stochastics. It's really good indicator. Glad I ended up with small loss. It was truly a noob mistake by me.
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