Price seems to run out of energy.
The open above the Mini-Fork's CL is a indication that we could see a pullback to the upside.
This was a quick profit from the trading God, and I will take it.
I closed the Gold trade for a profit of a little over 200 Ticks, or $2000 per contract and let my self relax over the weekend.
What if price reaches the CL without me?
And hey - price is reaching the CL over 80% of time?!
Why do I close this high probability trade???
...sounds like a dilemma? ;-)
Listen, as a trader you can't eat the whole Cake every time and you have to take what the market is willing to give you. I mean, with the knowledge of the ForkTrading rules, we even have the opportunity to gauge for a potential turn. What do we want more?
BTW: This is a common problem of traders, not willing to accept the fact that the party is/could be over, and they mess up by letting profits run into a looser. I experienced exact the same problem myself in my early trading days, and I learned the hard way, that it's better to have 2K, then nothing. Or even worse, a loss...
That's real live trading and we have to deal with it, or the market deals with us...
Be happy and as always - Learn To Earn §8-)
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