August Gold
Selling on a technical break below a significant trend line.
Consider selling a break with a 1510.0 stop order to sell.
Risk would be a retracement back above the trend line at 1530.0
With an objective of 1450.0
Trading the regular contract:
- risk is $2,000.00
- objective is $6,000.00
Trading the mini-contract (1/3 the contract size of the regular):
- risk is $667.00
- objective of $2,000.00
Have a look:
August Gold Chart
November Soybeans
Selling on a technical break of a significant trend line.
Consider selling below the trend line at 1330’0
Risk would be a retracement back above the trend line at 1360’0
With an objective of 1220’0
Trading the regular contract:
- risk is $1,500.00
- objective is $5,500.00
Trading the mini-contract (1/5 the contract size of the regular):
- risk is $300.00
- objective of $1,100.00
Have a look:
November Soybeans Chart
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