Ok, so this morning I wont be placing any new trades, so I will document some recent openings:
Silver
This trade was taken for the same reason as my earlier Gold trade (see post 57). A bottom-out pattern (Inverse H&S) had formed and completed, but as I was already exposed to Gold, I waited one week longer to place this trade. That gave me time to adjust my Gold stop to breakeven. I could now proceed to take a Silver Long.
B/S: Buy
Price: 17.983
S/L: 16.944
Risk: 2.0%
Open date: 01/20/2015
Close Date:
Profit / Loss:
Silver
This trade was taken for the same reason as my earlier Gold trade (see post 57). A bottom-out pattern (Inverse H&S) had formed and completed, but as I was already exposed to Gold, I waited one week longer to place this trade. That gave me time to adjust my Gold stop to breakeven. I could now proceed to take a Silver Long.
B/S: Buy
Price: 17.983
S/L: 16.944
Risk: 2.0%
Open date: 01/20/2015
Close Date:
Profit / Loss:
Even a journey of a thousand miles starts with a single step.