THE WEEK'S PATTERN:
MON, TUES, THURS, FRID, GOLD MOVES STEADILY UP FROM
OPEN TO CLOSE DURING THE CRIMEX SESSION
TUES GOLD HAS AN EVENING DIP BUT MOVES HIGHER
WED, GOLD TAKES A HIT AND MOVES LOWER ALL DAY,
THURS IS A MAJOR FAKE OUT AS GOLD RISES THE ROUNDS
OVER AND CLOSES ABOUT THE SAME AREA IT OPENED
FRIDAY: GOLD RISES FROM OPEN TO CLOSE, A $15 DOLLAR RISE
WORTH $1500 PER CONTRACT IF YOU JUST BOUGHT
NEAR THE OPEN AND HELD ON FOR THE DAY.
THIS HAPPENS FREQUENTLY.
BUT WHAT IF YOU BOUGHT THE OPEN AND HELD ON WEDNESDAY?
IT DRIVES ME NUTS TO TRADE WITHIN A DAY, PAYING EXTRA
COMMISSIONS AND MAKING LESS ON MANY TRADES THAN
IF I'D JUST HELD ON TO MY ORIGINAL CONTRACTS.
TROUBLE IS, WHAT IF I HOLD ON AND A WEDNESDAY HAPPENS?
THIS IS WHY I AM FORCED TO GRAB MY PROFITS WHILE I
HAVE THEM. ONE BAD DAY CAN TAKE ALL YOUR PROFITS, PLUS
SOME, BACK. BETTER A LITTLE THAN NONE OR LOSING MORE.
