WaqqasAsim

XAUUSD GOLD SELL idea, almost 230 pips and 450 pips move...

Short
WaqqasAsim Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Beginning with the name of ALLAH who is most merciful and the master...

I strictly take trading as a business, not a gambling stuff.
I have pre-defined approximate risk to reward ratio on every single trade with clear profit/loss levels.

Please note:

-> Never go beyond 1.5% risk of your total trading capital on a single trade,
-> Always move your stops to your entry levels after the price moves 27 pips towards target,
-> Always close 72% of your trade position after market makes half movement towards target.

Every one has a right to earn a lot of money, but it can only be done by following the rules and principles very strictly!!!

REMEMBER:

I practice patience in trading.
NO EMOTIONS. NO GREED. NO FEAR at all... that's how I do this business...

My Risk to Reward Ratio is usually more than 1:2.5 therefore if I loose a trade, I loose small capital...
But when I win, I win really really big...

Day after day... Weak after weak... I GROW...
Trade active
Comment:
always remember to move your stops to entry point... :)
Comment:


enjoying...

230 pips profit booked...
Comment:
350 pips booked and the rest moving towards it's target... :)


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