be aware ..'trading' mkt very long..., page-6

I entered a position in spot gold a few days ago and posted it in the XJO thread as I though the volatility was sapped out of it and volatility was about to break-out; and surely enough it did. Now however, we are seeing indicators being overbought. I should be ideally pyramiding and adding more positions to the trend, I have decided the money was too good to refuse in three trading days and closed it due to the overbought picture on the 4 hrly..

Good luck all,