Thursday, 23 August 2012

Post mortem

Evening traders. So, for those of you who followed yesterday's price action in gold, you would already know that unfortunately the trade didn't work out. After initially being in 1.5 times profit, the FOMC minutes worked against me. The "print more money" theme was in focus, pushing gold past 1650 handle quite easily.

Time to move on to the next trade! No setups of note tonight, although some nice ones played out during the Asian session. Too bad I have a day job. However, will keep a close eye on developments. Tune in for the weekend wrap up at the end of tomorrow's session ^_^.

No comments:

Post a Comment