Over 20 years in trading
Amaizing gold trade today, with very low -30 pips risk and 200+ pips target, closed just bellow my TP. This was 1:7 RR ratio setup, with entry at 1273.37, SL at 1270, TP at 1295.00. I decided to close the position at 1291.13 after my TP was missed for only 2 usd or 20 pips. It looks like that target
Read moreI traded gold today again and quickly took a 100 pips profit, here is how I did it. After the gold was well supported at 1226 for 4 times I decided to enter long at 1228.50 with SL near below previous 4 supports. Gold start to rise before US retail sales data and after the data gold growth accelarated to 1244. My
Read moreLet me show you and explain my 200 pips golden trade from January 05./06. Maybe you can apply this strategy in your next trades. After gold didn’t manage to brake H4 MA100/200 in the morning i knew that gold will pull back and try to find new lower support level from where will bounce up again. That level was 1187/88
Read moreAfter I was made my previous analysis on gold and sow what could happen here today, I decided to trade my favorite precious metal, but after the NFP data. I waited for data to come out and let the market setlle down for a 15 minutes, when I decided to open my long position at 1149. I protect my long
Read moreThis is not strange, I was patient and wait for a several hours to move my SL on the BE, but Mr. Makrket decided to go back one more time and collect my SL before fly and touch the sky. 🙂 This was probably my mistake, because 1.2500 level was well supported and my tight SL was protected with very
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