I didn't feel gold and silver price will rise forever.
As a result, I put sell order.
posted from Bloggeroid
Tuesday, July 19, 2011
Thursday, July 14, 2011
XAG/USD trading strategy
I use the same strategy for gold and silver. Several weeks ago or a few months ago I noticed the same pattern on gold and silver. Their prices increase very much due to euro debt concerns, japans tsunami, etc. I thought their prices will continue to increase thus I made many buy orders. Suddenly the price drop and I have to either make stop loss or holds the order for quite some time to wait the
XAU/USD trading strategy
Moving average is still a very useful indicator though it is very basic and simple.
The red line in the picture below is moving average
Gold price increases suddenly and i am not aware of it due to i busy and have no time pay attention to euro debt news recently. To me, euro debt news like sea wave. It comes and it goes.
Since the price of gold has increased so much already, i don't want
The red line in the picture below is moving average
Gold price increases suddenly and i am not aware of it due to i busy and have no time pay attention to euro debt news recently. To me, euro debt news like sea wave. It comes and it goes.
Since the price of gold has increased so much already, i don't want
GBP/CAD trading strategy
I feel it is time i shall start writing to educate readers how to trade forex. Anyway, i am not an expert. What i wrote here is merely a suggestion. I am not responsible on profits or losses you made.
Look on the pictures above, you can see that i draw 2 trendlines. The one above is called resistance while the one below is called support.
I saw the price is near the edge of resistance line
Monday, July 11, 2011
40% return in six months time
Hi all, I get 40% return in six months time in forex market. However, it is virtual money.
Most of the profits I gain are from gold trading.
At the moment I suffer losses in EUR and GBP. However, I still can sustain the losses thus I didn't plan to make stop loss.
posted from Bloggeroid
Most of the profits I gain are from gold trading.
At the moment I suffer losses in EUR and GBP. However, I still can sustain the losses thus I didn't plan to make stop loss.
posted from Bloggeroid
Wednesday, July 6, 2011
Continue with XAU/USD trading
I have been busy recently thus not much updating my blog as well as trading forex.
However, it gives me chance to realize that it is unnecessary to monitor and trade forex every second every minute. It will be very stressful and no guarantee can make profit.
I make a buy stop on gold and it helps me get profits.
posted from Bloggeroid
However, it gives me chance to realize that it is unnecessary to monitor and trade forex every second every minute. It will be very stressful and no guarantee can make profit.
I make a buy stop on gold and it helps me get profits.
posted from Bloggeroid
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