Monday, April 10, 2006

Limited out of gold, watching for entry position

Gold has treated me rather well. I limited out of my gold positions today at $599.10 and I am watching for a pull back or a break above the key $600 level to get back in. If gold pulls back at the end of the day I will expect another day of pull back and watch for an entry near $590-$594. If Gold breaks to the top side, I will wait until the break is about $602, allowing for a strong enough break as confirmation to the trade. Silver is still running well, as are all the other current positions. I will be moving most if not all stops losses into profitable territory this afternoon.

small account percentage as of this post from 3/23... up 65%

Blake Young
Random Acts of Forex

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