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BnB trading 12-Mar-2007: ZG (100oz Gold) short trade closed

by Gav Leave a Comment

This is the first trade of my scalping strategy. Since it is a rather choppy day for equity futures. I had a negative view of Gold. Short position of ZG was established when Gold was stalled around upper bollinger band. My target was not achieved and I bailed out when it again stalled at middle band.

One trade closed with +0.28 R gain

[photopress:ZG3min12Mar2007II.JPG,full,alignleft]

Filed Under: Trading Journal Tagged With: Gold, Trading Journal

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