Tuesday, January 27, 2015

Gold

Bears taking over H4 momentum... D1 momentum has already been taken over. Could get nasty.. would think 1240 is next if so.
Came down to -1280 as expected. I still think we'll see 1240 not before long. Again, money management is key no matter what and will always destroy me if I don't take it seriously. Sure can get lucky on a few trades and make a lot more, but in the end will always go broke with that habit and it's way better to take things slowly and be consistent with higher % likelihood of success time and time again.

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