SAMPLE ALERTS - PAPER TRADES FOR TESTING PURPOSES!
TODAY'S TRADING POSSIBILITIES:
Gold /GC is at risk of breaking up the top of the channel.
Oil Broke Down overnight.
All Charts Include The Levels Below!
Friday. Today was a great day to test the alerts. The signals worked very well with Oil and they also allowed me to make some profits on /ES. With Gold, the screaming alerts came up at the break up of the channels. The charts provide all the details on today's action on Gold. I allowed lots of room for the trade to develop and in the end I closed it at a loss after not seeing it develop. I may move up later in the day who knows. Control your positions. CLOSE THEM IF THEY ARE NOT PERFORMING AS EXPECTED. Do it prior to going negative for the day. I should have closed it earlier. Regardless of my management of this trade, ended up with a nominal profit for the day.
As you can see on the trade detail, I keep a very tight trade management. With Gold, I was experimenting by providing more room but as you can see, it does not work. Manage aggressively and protect the profits earned.