This is a sample entry from Tom Dosdall’s email newsletter, Dosdall Daily Edge, published on Tuesday, July 09
August Gold might be getting ready to take another little breather from the recent rally and TAS Tools suggest a possible opportunity if recent lows are taken out (20 minute chart). I like having a resting order to sell at 1243.5. If filled, consider risking the trade to above the high value area (1256.5).
Full, mini, and micro contracts are available to trade:
STOP ORDERS DO NOT NECESSARILY LIMIT YOUR LOSS TO THE STOP PRICE BECAUSE STOP ORDERS, IF THE PRICE IS HIT, BECOME MARKET ORDERS AND, DEPENDING ON MARKET CONDITIONS, THE ACTUAL FILL PRICE CAN BE DIFFERENT FROM THE STOP PRICE. IF A MARKET REACHED ITS DAILY PRICE FLUCTUATION LIMIT, A "LIMIT MOVE", IT MAY BE IMPOSSIBLE TO EXECUTE A STOP LOSS ORDER.
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