DislikedGOLD broke out above $1300 again. Long CFDs @ 1299 T1 +75p 2 lot 1 to go The (black) Kijun line is still below the cloud ("wrong" side of the cloud) so scalping only then. When the Kijun is on the Buy or Sell side together with the price, I take Swing trades of several Days. First Swing trade criteria/condition/signal is the price in regards to the cloud. Second criteria/condition/signal is when the Kijun is on the "correct" side of the cloud, Thats an extra strong trade signal. Price inside the cloud is neutral/no trades in general. When in a Long...Ignored
Closed my previous last lot Long BE
New Long CFD entry @ $1296.50
T1 +5p ($100,00)
2 lot to go
1 lot closed 5.9p ($59,00)
1 lot to go/SL BE
See if it wants to stay above the $1300 this time.
It looks like a Bear Flag (Price + Kinjun still inside the Ichi cloud) so if the price drops below $1295/1290 I will go short.
"It's better to be out wishing to be in... than to be in wishing to be out!