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Strategies & Market Trends : KEEP IT SIMPLE TRADING
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To: mistermj who wrote (171)2/19/2004 10:11:14 AM
From: mistermj  Read Replies (2) of 321
 
XAU is weak as predicted...20 MA may now provide some support.I'd take the profits right now...especially if it was a leveraged trade( 2to1).(XAU is presently down a little over 1%)

I'm just trying to provide an idea of what we are trying to do here.A 2%+ trade with leverage would probably be banked immediately.It depends on the circumstances but we are looking for quick hits like that.
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