ghostofwallst_

03:38

ghostofwallst_ Updated 

Learned I can press record ! LEts see if this adjustment to the sell stop pays off

ghostofwallst_

Been a while, Ill be getting back i the mix, didnt see a set up yesterday I liked for Technical Tuesday, heres what I like today.

ghostofwallst_

Today may or may not pan out as far as triggering an entry. As of right now we are hitting 2 out 5 on the checklist which means, NO ENTRY. Will revisit at 0845. what will I be looking for? US Core Durable Goods Orders US Durable Goods Orders Why? Because 'actual' less than 'Forecast' is good for precious metals. If this happens at 0830, Ill feel...

ghostofwallst_

A decent sell stop on Gold is what im placing checks 4 out of 5 confirmations.

ghostofwallst_ Updated 

Once again ( gotta get a hang of this ) forgot to publish.. Got TP1 fairly quickly, TP2 didnt hit but closed second position at 60 pips

ghostofwallst_ Updated 

Just realized I did not include my set up from yesterday Here is a recap, Caught TP1 for 40 pips, Second position got closed at 40 pips as well being that gold whipsawed back to entry and SL. Could have got back in and ate another 200 pips but the trading plan said no.

ghostofwallst_ Updated 

Looking like Ill be changing my bias based on structure, and DXY short. Will hold for 160 pips but first TP is 40 Enjoy

ghostofwallst_ Updated 

Honest opinion is the dollar continues to rally after its big move yesterday. In this case I'll only be looking to place a pending order after 0845EST for the sell stop at 1986. Keep in mind things may change from now to 0845, if it does ill add it in the comments section.

ghostofwallst_ Updated 

Looking to continue from yesterdays short push. No red folders in economic news scheduled today. Explanation of TP(a) and TP (b) I twin trade, so for ever position I take, I place one trade with TP and SL (a) and a second trade half the contract size at TP(b) same stop loss. Anytime TP(a) target is reached (1:1 RR) I consider the trade winning as at that...

ghostofwallst_ Updated 

Truth be told, I initially was liking this for a sell order however , technical, momentum, DXY all tell me i should really place a buy order. I like this entry, I never place pending orders before 0850 EST.