today want give you a exclent stratgy for gold = break trendline (gold is very very trendy market,so when it breaks important trendline ,will go go go
this stratgy is for very trendy markets like gold ,not for zigzag markets like dax,dow
1- on gold 15-60-240-1440-weekly chart drow very clear ,important trendlines exactly like red line on above chart ok?
2- wait gold touch trendline and pull back (red candel comes in 15-60min apear inour example) then put buystop on high (7-8 pip above high)
3- after buystop open , put SL in last low (tp must be above 3*SL)
size= your levrage must be under 1-10 ,per 10.000$ balance your size must be max 0.1 (100$)
like robot , try this on100 posation,then judge ok?, you must eat 50 tp and 50 SL(tp is above 3*SLl) with practice you can increase winrate
for above issue you eat many SL on my analyse !!!! they remove SL or open big size or close + posation soon (min wait time>3 day)
after 100 posation you can send me your report ,i will check, watch your posations if you touch SL or open big size ,or close + posation soon ,you must back to demo work on your problem , for example eat 1000 times SL or open 1000 posations on 0.01 lot ,fix (until you can control your mind)
for coming week = with above stratgy now we must put buystop on high,sellstop in low
Thanks for sharing! I suppose there is long fo Gold
ramin_trader2006
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@Viktor_Vladzimirovich, yes gold little can go down,but trend will +++ (if bad news not come,low not break)
secret= on hold + trend , mini crash is normal AC daily is green ,this mean if gold break high , can fly up
ramin_trader2006
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@Viktor_Vladzimirovich, on gold 1- dont use kanal trend , use simple line (when break ,inter posation)
2- for find tp , dont forget use fibo (61% and 161%) 3-add SMA200 too sma200 on 60-1440min chart is very very important 4- gold analyse , secrets completly difrant from forex , above analyse is good for forex
indrajit1982
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Brother I need help .. I ve xauusd long position at 1827 ... running in loss ... shall I hold the position or get out of it ? plz help/suggest .. new in trading
umairsario
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@indrajit1982, brother if you can hold gold may touch 1800.
ramin_trader2006
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@indrajit1982, your total buy lot? total loss in dollar?