trader_ralph

trader_ralph Updated 

Daily chart appears to bullish overall, and I'm confident the retrace is complete, after bouncing off the monthly pivot level. Jumping over to the 4hr chart to get a good solid entry. There will be some obstacles ahead to confirm the bullish trend continues but for now it's looking promising.

trader_ralph Updated 

Recent market sentiment seems to be waning despite price holding around 1315-1320. Nonetheless, going to follow the system and short XAU/USD. If bearish trend continues, expect to get down to 1275-1280, but will hold until signal in opposite direction is given.

trader_ralph Updated 

Received a signal to long gold with Sl at 1240. First profit target is 1294 and second profit target at 1314.

trader_ralph Updated 

Long with SL at 1263. As per last trade will wait for signal in opposite direction before closing.

trader_ralph Updated 

Trying out a new system based off of the daily chart . Let's see how it goes. Will hold the short until I get a signal to go long. Shorts entered at 1280 with SL at 1293.

trader_ralph Updated 

R/R 1:1 2 Lots @ 1257.65 Target 1249.50 SL 1265.30

trader_ralph Updated 

Trade activated. Entry @ 45.490 SL @ 46 Target @ 43.790 Let's see how this goes!

trader_ralph Updated 

Let's see if this one plays out... Entry order @ 1.4780 SL @ 1.4665 Target @ 1.5145

trader_ralph Updated 

Overall trend is down notwithstanding current upward movement. Will watch closely when it nears the recent trendline to look for any signs of a breakout to the downside.

trader_ralph Updated 

Inside bar forming near resistance in clear downtrend. If plays out, will likely result in continuation of downtrend.