DaSpalla

Stochastic is magical

DaSpalla Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
6
Just follow the momentum here, but beware this might last for few days, as long as the stochastic make consistent "UP and Down" pattern.
Trade active:
I have figured where this momentum should end, before Friday announcement of Non-Farm Payroll and Unemployment rate. From there on, this stochastic pattern of up and down will likely to end.

TIME IS MONEY! Have a safe trade..
Comment:
This pattern might still continues, especially when Bearish Divergence has formed and accurately indicating today's movement of downtrend in 1 Hour chart. KEEP AN EYE ON IT!
Order cancelled:
I have observed that stochastic is no more consistent.. I declare this pattern is over.

It was a good thing I was able to make some meaningful profit from this.
Time to change strategy.
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