Bearish Trade Setup: Gold on H4 Timeframe (Forex)

daily trade alerts 021115

After our last few trades, including a short position on the STI index, and a short position on the NZD/USD (which we closed and switched to long on a new setup – updated real-time), and tomorrow we are watching for a few new trades to enter.

One of our latest trading opportunity is a bearish trade setup on the H4 timeframe of Gold, which we have now converted to a risk-free trade by shifting our stoploss to breakeven. This means that even if the position goes against us, the maximum amount we can lose is our open profit, and not any of our precious trading capital.

gold trade 021115 synapse network

gold 021115

This coming Thursday, I will be doing a live demonstration on how I pick these trades, and reveal the latest trading opportunities. I will also be talking about the majors that affect the big moves in the market, and how you can build a portfolio that can do well in all market conditions, so that you do not have to worry about the stock market crashing.

Check availability:  http://synapsetrading.com/events/training-workshops/

See you there! ?

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About the author

Spencer is an avid globetrotter who made his first million at 28, spending just 15 minutes a day trading while travelling across 50+ countries. From there, he started building a diversified portfolio of stocks, REITs, ETFs, properties, and businesses.

 

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