THE MULTPLIER

If you read the chat you might see a comment many times I doubled , tripled etc.. my account.
Is this possible? Are these guys are telling the truth or just shooting the line?

Yes. It's possible. You might multiple your account 2x, 3x, 5x, and even 10x in a relatively short period of time.

The secret is that you need to trade and build a position during an ICL decline ( short) or an ICL advance ( long) .

I will use gold's and silver's example during this ICL decline to multiple a demo account.
10.000$ as a starting account balance
Trading the XAUUSD pair.
The margin requirement for XAUUSD is 3,5%.



1st Entry:
I will use the 1997 $ entry in gold as the first trade from the "Unlocked " idea

70% margin impact used for the first trade:
Buying 100 XAUUSD
100XAUUSD*1997$*0,035

2nd entry

SIgnal : RSI 5 overbought, 30 EMA tag and FIBO 38,2% retracement.

Comment:

At the first trade I mistyped : instead of buying selling is the correct:

70% margin impact used for the first trade:
Selling 100 XAUUSD
100XAUUSD*1997$*0,035=6989,5$.
So after the first trade 7000$ invested from the initial 10.000$.

Comment:

At the second entry I invested 3000$ more from the initial starting balance( Buying 45 XAUUSD) . Now the whole 10.000$ is invested, but the account value at this point is :
10.000$ + ((1997-1947)*100)=15.400$

Comment:

Right now we are short : 145 XAUUSD.

Comment:

You could also play the same with silver :

RSI 5 overbought on the hourly + 30 EMA tag.
Silver also tested back the 200 SMA on the hourly that is even a better signal.

Comment:

Account value at 1890$ is:
10.000+(100x(1997-1890))+45x(1947-1890)= 23.265 $ and counting.

3x gains will be easy from now.

Comment:

Adding to the short position : selling 55 XAUUSD at 1913.7.

Comment:

The 4 hrs chart had printed 3 red crows and we have a hanging man at the backtest:

Comment:

From this point our mission is easy:
sell every bounce in the next week to let the MULTIPLIER make the maximum effect.

Comment:

Account value is 28.530$ at 1870.
Nearly tripled the account so far.

Comment:

We are going to have the bounce in the following days just as I expected.
So I’m going to close the last short but I opened at 1913.
Buying 55 XAUUSD at 1858$.
If gold collapses I will ride the drop with the original 145 XAUUSD short.
I if price bounces I will be selling again 100 XAUUSD And that is going to be my last entry in this short trade.

Notice how the 100 SMA is working as support.

Comment:

Selling 80 XAUUSD at 1878,5$

This is the last entry.