Thursday 17 November 2011

Yo-yo mind

3.58pm..
Looking at the 4hr chart,  the price of gold is currently in the NO MAN land.
Resistent is at 1772
Support is at 1755.
Decided not to play smart alex. Closed my postion at 1764.09 ,.. My cash position is at per the start of the day...$260. No outstanding position until a clear signal is given... I shall hv to wait..and if my hands itch too much, I will just hv to do the trade in a demo account. For now, no decision till the above S/R is broken. Wait wait...WAIT...

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