abx long 37.50 trend change for gold i think. large size on this stop , 2/26's low of the day. whatever its going to be .
add 1/3 more position on ABX 37.65 good position on this. lets watch what happens. 1% risk on the add .70% risk on the initial position. Also long gold. 1110
Q: Am I expecting resistance to hold on the upside? There wouldn't be time for resistance. Most traders would short here. Very wrong. ADD ADD ADD
ADD 1/8th 39.60 --- 1) 1% down on the last 1/7th add. 2) I'm using the markets money to build my position, current position size = 2x the size of initial entry. 3) If it moves in my favour, we are in large money with low risk, if not, I don't lose money either.
ABX 40.50 , hold 280k pos abx should go up next 2 days. Sit back and enjoy the ride. Will continue to buy! I would like a 400-500k position on this. Will take a week or so