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Friday, January 4, 2013

20130104-2

GC
Open:
Long 2 @ 1637.0. Gold was down $37 and came into a massive support, trying to bottom fish here. Stop losses are 10 ticks at 1 ticks below a 1m bar plateau low and 30 ticks at 7 ticks below the low of the day. Targets are 30 ticks at just below 5m 18EMA and 70 ticks at 6 ticks below 50% retracement. 

Close:
1st: Sell 1 @ 1636.0. Stopped out, had 24 ticks gain but was 6 ticks short of the first target.
2nd: Sell 1 @ 1633.9. Stopped out, 1 tick slippage. 
  
2 contracts -$410 gross, -$423.88 net.


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