Retrospective Shanghai Gold Exchange to cut limit per trade | XAUUSD 2016-12-29 | IFCM UAE
IFC Markets Online CFD Broker

Retrospective of Technical Analysis XAUUSD From 2016-12-29

Shanghai Gold Exchange to cut limit per trade

retro img

The chart shows the real change of quotations after the publication of technical analysis on 2016-11-21. The pending order from this analysis was executed and the position was opened. Next, we shall move the stop to the next fractal low following the Bollinger Bands and Parabolic SAR signals at the 4-hour charts. Thus, we are changing the potential profit/loss to the breakeven point. The position shall be closed when the price meets the Bollinger bands, the Parabolic SAR, the trend line and the fractal indicator.

Buy stopabove 1160
Take profit1240
Return on Investment +7%
Overview date2016-12-29
Date of the closing position2017-01-03

The chart shows the real change of quotations after the publication of technical analysis on 2016-12-29. The pending order from this analysis was executed and the position was opened. Next, we shall move the stop to the next fractal low following the Bollinger Bands and Parabolic SAR signals at the 4-hour charts. Thus, we are changing the potential profit/loss to the breakeven point. The position shall be closed when the price meets the Bollinger bands, the Parabolic SAR, the trend line and the fractal indicator.

chart img

New Exclusive Analytical Tool

Any date range - from 1 day to 1 year

Any Trading Group - Forex, Stocks, Indices, etc.

Close support
Call to Skype Call to WhatsApp Call to telegram Call Back Call to messenger