Loii

NEXT LEVEL OF SUPPORT FOR GOLD

FX:XAUUSD   Gold/U.S. Dollar
1378 34 13
NEXT LEVEL OF SUPPORT FOR GOLD            
Comment:
snapshot
Comment: this technical analysis is still valid! gold just went parabolic down which suggest this is the last leg. i am holding all my positions. my floating drawdown is at around 20%
Comment: for risk management i suggest 0.1 lot per 3.5 to 5k. and max only 2 positions per market/pair.
Comment: this support works better
snapshot
Comment: my entries are 1327, 1307, and 1270. im holding all 3 positions for 4-6 weeks. my current floating drawdown is less than 25%
i see support at 1370. i will add additional positions if trend reverses.
Comment: we held and now trades are in profit: http://i.imgur.com/KBGMWoq.jpg
Hey loii agree with you - good luck mate;-)
Reply
perfect support
snapshot
+1 Reply
Will you change support level one more time :)
Reply
Loii ayildirim
nope based on linear regression channel this is a bullish signal if it overshoots by a few dollars. if we close above 1280 we are good.
+1 Reply
So, now it is touched 1273... Still keeping your idea? Do not you have any stop loss level :)
Reply
Loii ayildirim
our stops is around 1260. current dd is less than 20% normal for trading :)
Reply
You lost boy.... You are always changing your mind. And do not have any proper strategy & Graph
Reply
Loii ayildirim
nope you're wrong, quote from my website:
Risk Management:

Low Risk: (Stress Free)
0.1 lot per 5k USD (Recommended for new traders) (1000 pts / 100 pip loss is 2%)

Medium Risk:
0.1 lot per 3.5k USD (Recommend for experienced traders) (1000 pts / 100 pip loss is 3.0%)

http://loiilivetradingroom.blogspot.com.au/
+1 Reply
Loii Loii
learn to use the correct risk management next time and you will be fine, i been trading for 10 years, you learn a thing or two about risk.
Reply
Risk management? Even you can defined your risk :) ... Changing support levels. Not clear stop los levels "Stop loss is Around XYX"
Of course gold will bounce somewhere :) But I am afraid you /your guru do not now this level... Good luck
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out