You did miss his point. He says if price slides down people will hold their loosing long trades. And probably this will cause in loosing more money.
We still have the same problem: Gold needs to go higher but so does DXY... Unless there is something else one of my trades is not going to work!!
I now consider 1.0700 has been tested and not broken. It can try again, but there is potential for higher here.
well..it filled me just barely by 10 pips to spare and promptly reversed overnight...I'm losing 300 right now and just added a short 156.81 so my average is 155.93 gona manage ...
Gold - 15min