Friday 18 November 2011

Silver is IT

6.00pm.  Closed my Gold and  USD/CHF position. Gold closed at 1728.103, gain $5.20 and U/C closed at 0.91331, gain $11/- . Leaving Silver to fight the winning battle for today. I usually do not like to trade on Friday , US session,.. and since both Silver position is showing a gain of $8 each, I hv decided to move my SL to breakeven and leave the order as it is.
Worst scenario, my cash position remains as $284 for today.. still a gain of $23 or 8.8% from beginning of the day. I hv to stay discipline in order to crawl back to my previous capital.. a long way to go, but with the current strategy, it seems like a sure way - so long as I am not foolish to over leverage.

Open position : 20 long silver.
Balance cash $284/-

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