Friday 25 November 2011

Sudden movement at 10.45pm

10.45pm..price of gold and silver starts to surge,.. 4Hr chart at strong support. And waiting for  15 mins chart to signal the okay to buy. When both the green and the red line kiss on positive territory, I went in to buy without much thoughts. Set SL at $26/- sth that I believe I can tolerate for a risk at the moment.

The price suddenly exploded to my buy direction , while 4Hr stochastic chart indicates that there are more steam to run, the fact that it burst out so rapidly , makes me want to take profit first.

Sold both pair with profit, current cash balance = $345/-

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