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Gold +10 Profits & Next MoveCurrently gold is consolidating in this triangle formation. We executed a quick trade on the bottom support with a TP at 1888 top of resistance for a trade before the weekend. We will now stop all trading to secure this weeks profits and wait for a break of this triangle. We are still buyers following the bullish trend looking for the best levels to buy in. Be sure to enter the correct areas. Always have a PLAN B & Stop loss on every trade.
OANDA:XAUUSDLong
by GlobalHealthWealth
IRON TARIHi guys, according to my strategy we have 4weeks 12% strikes, 90% probability of success. For this Iron condor with 5$ spread for each side there is a max profit of 40$ and a max loss 460$: if you are new in Iron condor you should find this R/R ratio very poor compared with forex, but we have very high odds at our side! 90% to get the maxim profit, plus 5$ extra on both sides (the long legs) before to get tha max loss. If the weekly candle closes over the short strike we close the trade, for a loss lower than max loss of 460$. If you are more experienced you'd love to jump in this trade as I do, Strangle, no long legs, for a max credit of 80$. Enjoy your wallet! Tari.
NYSE:WMT
by TARITRADE
Iron TariHi guys, according to my strategy we have 4weeks 20% strikes, 99% probability of success, this means that we never had a lost in the past. For this Iron condor with 5$ spread for each side there is a max profit of 90$ and a max loss 410$: if you are new in Iron condor you should find this R/R ratio very poor compared with forex, but we have very high odds at our side! 99% to get the maxim profit, plus 5$ extra on both sides (the long legs) before to get tha max loss. If the weekly candle closes over the short strike we close the trade, for a loss lower than max loss of 461$. If you are more experienced you'd love to jump in this trade as I do, Strangle, no long legs, for a max credit of 130$, IV is 75% Enjoy your wallet! Tari.
NASDAQ:UAL
by TARITRADE