GC
Open:
Long 2 @ 1705.2. Gold Rush, still has 1 contract left from the last trade, gold is now up 3.4, may exit this trade quickly, targets are set at 15 and 30 ticks, the 30 ticks stop loss is 6 ticks above the stop loss of the last trade.
Close:
1st: Sell 1 @ 1704.4. It failed to push through, tried to join the offer but no fill. It broke the neckline of what looked like a head and shoulders pattern, decided then to take off 1 contract to reduce the risk. Moved the target to +20 ticks from entry.
2nd: Sell 1 @ 1702.1. Stopped out, 1 tick slippage.
2 contracts -$390 gross, -$403.88 net.
For the day -$200 gross, -$227.76 net.
GC
Open:
Long 2 @ 1701.6. Gold Wiggle trade, entry at 1 tick above the high of the first minute range, gold appears to have made a bottom, chose this trade to take a position, the stop loss is 15 ticks at 4 ticks below the low of the first minute range. Targets are 20 and 100 ticks. This trade is somewhat speculative, will take the regular Gold Rush trades if the opportunities present themselves.
Close:
1st: Sell 1 @ 1703.6. First target hit, 5 ticks heat.
Moved the stop loss to the entry price after +35 ticks. May do a Gold Rush trade.
Entered a Gold Rush trade.
2nd: Sell 1 @ 1701.5. Stopped out, 1 tick slippage.
2 contracts $190 gross, $176.12 net.
