CLASSIC COUNTER TREND TRADE

We managed to get our best trade for the week on Friday Week 12, when our Short in Gold worked fantastically well in our direction and gave us a DROP of 41 points. It was a Classic case of Counter trend trade when an asset class REVERSES FROM AN ALL TIME HIGH. The trade was a risky one and we do not take such trades until we are fully confident of its success.

Leave a Reply

SECURITIES INVESTMENT AND TRADING IS A HIGHLY RISKY BUSINESS AND THERE EXISTS A POSSIBILITY OF PARTIAL OR TOTAL LOSS OF INVESTMENT. THE TRADES AND ANALYSES POSTED ON OUR WEBSITE ARE SOLELY FOR OUR IN HOUSE TRADES AND WE ARE NOT RESPONSIBLE FOR ANY TRADES TAKEN OR INVESTMENTS MADE ON THE BASIS OF ANY INFORMATION/ IDEA PICKED UP FROM OUR WEBSITE.