Buy 1865-1870 , TP - 1961 , it's a long haul
I'm still bullish on gold as the long term trend is still intact , nice squeeze by market makers , we will win no matter what taking 2% for this reversal, haven't closed my trades from earlier either i will hold until i win as my account is big i can easily control
Trade active:
Caught it at 1863
Comment:
Looks like the bottom line for now is placed at 1830-1850 region if it slips more I will add some more in small amounts, Buy the dip ride the trend , next week cooler inflation figures from U.S will Boost Gold Harder than this fall we have seen
Comment:
Setup is still valid but leave room for further retracement in your Risk Management , Happy Weekend to Everyone
Comment:
I have exposed my total account value as of now to 4% in total and I'm willing to bet another 2-3% depends on how market will make it's next moves , i gain 5-10% per month on my account by doing trades with 2% exposure and sometimes going deep as 5% , but remember over exposure is not Good i know it too and my psychology has told me until now that even if i go down some % i can recoup it because of my experience and trading strategies, so learn risk management and build up your psychology accordingly so you won't have to panic in bad situations
Comment:
Running in 1400+ pips in profit
Comment:
Booked my profit at 1878 , entered trade again from 1865 sorry for late update got busy in chores
Comment:
50 pips in profit, closing half and setting it to B.E
Comment:
100 pips and running, waiting for what jerome powell says in the afternoon
Trade closed manually:
Closing all my trades here and I'll look for more dip buying later on this week
