Position Update
I added a Gold position @ 915.45 and opened a long GPB/JPY @ 204.02.
Positions actual status as follow ->
Original Gold -> +16.55$
Gold add-on + 5.85$
GPB/USD +34 Pips
GPB/JPY +44 Pips
I planed to pyramid on gold and gpb/usd but I think about closing them and taking my profits off the table.
Price action is not in favor of continuation of those shortterm trends.
Of course if they continue I can get in @ an better price again..
I will take another 20minutes to decide on this..
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Position Update
My GPB/CHF Short hit its target perfectly.. +102 Pips.
And look what the geppy did..honestly I really thought it would take a day longer ;)
I am searching for an long entry point.
Meanwhile i jumped aboard GPB/USD (cable) with an little position to test the waters..I plan to pyramid with the Monthly Pivot as target.
And yes i know i probably jumped in to late..yesterday would have been a much better entry..thats why i use only half normal position size.
Gold Position is still active…
No commentsWaiting for an opportunity on the GPB/JPY (Geppy)
I see a descending Triangle @ the geppy daily chart ->
THOSE ARROWS only show what my mind is painting as the most probable outcome..this is not any plan yet..NOBODY knows what will happen..
and another descending triangle on the 4H Chart ->
The arrow to the upside is more appealing to me because geppy hasn`t finished its upwards movement, to complete the next movement forming the daily triangle..obviously the potential in pips is double then on an downwards movement.
But we`ll never know what the future brings..
We will wait and watch the price action when and if a breakout occurs.
The mark waiting for some input and the Bulls and the Bears have still to fight this battle.
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