Friday, October 19, 2007

Gold II

Just cashed out of my gold trade for +80 ticks (+$800 per one contract positions). I used my 10-minute chart with 200 ema to get out. There is an unfilled gap ($759.20) from day before yesterday that I think will be targeted today, but I will not get greedy given the ass kicking I am receiving in the indices. I typically use the 200 ema as a profit taking target, today is not the day to change that.

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