Tuesday 27 September 2011

Trade Alerts by Fibonacci - 27 Sep 2011 (00:45 am)

Commentary
Hi!, here is the result for our Gold Daily Chart. Market bounced from 1630 level twice and on third wave it broke all our daily chart levels. So, if you had gone short(sell) on a 15min chart at about 1748 which was our key level from where the downtrend started coming to 1630 our entry level on a daily chart, and then gone long(buy) twice at 1630 was indeed the ideal trade for me. Below is the chart which shows the bounce from 1630 twice(circled as blue) and then the breakout(circled as red). Will be posting more trade alerts soon!














Gold Chart - (15 min) time: 00:45 am

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