Position Sizing
In search of high R-multiples while keeping losses small.
Wednesday, March 24, 2010
$GLD - A Coiled Spring
Gold is in the final stages of a large symmetrical triangle. RSI has traded in a range for months. Standard deviation recently made a multi-month low. ADX has been well below 20 for weeks.
Up or down, gold is due for a big breakout.
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