Hello, guys who trade metals!
Here you can discuss your trading plan and post your trading reports.
The contest rules
Hello, guys who trade metals!
Here you can discuss your trading plan and post your trading reports.
The contest rules
1. fxmaster
2. Rola
3. tfs2012
4. kamran
5. biofx
6. Azis Muslim
7. Man Utd
8. Runner
9. stable
10. naeem555
11. edy
12. loyaindia
13. Wechs
14. clifton
15. touqir
16. krai
17. xue
All of you have been allocated in the metal group.
Last edited by Gamer; 05-21-2019 at 05:35 PM. Reason: new add
I don't wait too long. Here are my first 2 trades for buy gold.
Gold had been bullish for 4 months since Nov to end of Feb. It retraced to 50% Fib level at the end of April. Trend still looks upward to me in D1 chart. I have a stop loss in place at 1264.15 for both orders. I intend to hold if for a week or two or for atleast 50% of my balance.
I forgot to add that thursday was completely engulfed by friday candle which is a good sign for buyers.
G1.jpg
Last edited by kamran; 05-06-2019 at 01:35 PM.
Hello
I had some trades on silver and gold today
You can see the entry and exit points on the chart along with stop loss and take profits
I've opened sell positions and then buy and then buy again on silver
And I also had sell positions on gold ...more Details in the attached pictures
I will try to share live trades next time
good luck
today i open short position on gold
1- Negative Divergence in Stochastic
2- Stochastic is over bought
XAU/USD
Sell Market Order
Price 1280.55
SL :- 100 pip
TP :- Unspecified depending on the power of the movement
1- Price is near to down trend line
2- strong resistance area
3- Negative divergence in CCI
Guys i am surprised to see the lot size i can use on this account. I can only use 1.9 lots now in Gold. I don't think doing a long term trade will be as much profitable as scalping. Please share your opinions.
- - - Updated - - -
I have closed both orders. Profit 142 only. I will do scalping in Silver. It needs less margin.
Sold 3.3 lots of silver in 4 orders. (1,1,1, 0.3)
S1.jpg
No real analysis done.I am just scalping for the sake of quick profits in previous day's range. I have not used stop loss or take profit for now. I will put stop loss on open price when it moves into profit. For me trend is upward but market has never been predictable and i am looking for quick profits.
biofx, welcome to metal team.
First order
Pair: Gold
Order# 229316182
Volume: 1.90 lots
Entry point: 1281.59
Stop loss: Nill
Take profit: 1240.00
Risk per trade: 50%
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