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Monday, January 7, 2013

20130107-2

GC
Open:
Long 2 @ 1647.0. 2m VCD, 2m VC Doji, stop loss 20 ticks at 6 ticks below the low, targets are 10 ticks and trail.


Close:
1st: Sell 1 @ 1648.0. First target hit, no heat.
2nd: Sell 1 @ 1645.0. Stopped out. Would've been a decent Gold Rush trade to the down side.

2 contracts -$100 gross, -$113.88 net.
For the day -$270 gross, -$297.76 net.



20130107-1

GC
Open:
Long 2 @ 1660.2. Gold Rush, 2am CET, may take half off quickly because this is after a big range day and there's some big orders at the offer.

Close:
1st: Sell 1 @ 1660.7. Put a limit order to take the first half off, got filled, 3 ticks heat. The target is now moved to +80 ticks from entry at 7 ticks below the 61.8% retracement.
Moved up the stop loss by 8 ticks from the original 30 ticks to 5 ticks below what it looked like a neckline of a H&S pattern in the 1m chart. Will leave the orders and go to sleep. 
2nd: Sell 1 @ 1658.0. Stopped out, had at the most 28 ticks while I was asleep.

2 contracts -$170 gross, -$183.88 net.