Wednesday 23 November 2011

Shiny Gold

3.35pm..gold keeps inching up as expected. I was waiting for it to move up the resistant at 4hr chart. It does looks like it's possible.
BUT then, the problem is,.. I know it is moving up till it hit the roof and then my plan is to place a sell at the roof top. I was not able to resistent the temptation of moving it up with it till it hit,..so you may have guessed, I went on to buy 2 lots of gold. Risking $70/- for both pair.
Did not set TP as I believe it will probably be ended as breakeven when I move up the SL when price moved up - when it moved up !

Long 2 lots at 1697.10 and 1697.49.  SL set at 1661.74 and  1674.79. I hope I am not too late with this entry..  Whatever happen to my self control ??

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