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redbox Aug 20, 2011 1:58am | Post# 21

Finally it reached 500% tonight...

also now is my 7th day at live.. already 15% in profit

i recomend use this EA as the GRID TRADING, everything about this EA u can find at this link
you reached 500% or 15%? i'm confused...

btw don't TP when buying gold
see what this guy do (still open & keep stacking till now)

i trade for months now & run to same conclusion with him. sadly, i close all my position (like him) last month & regret it now. i start building like that position again now from stracth, while his getting far away from me only because he not swayed.

stevenali Aug 20, 2011 4:13am | Post# 22

i did 500% in my demo account, it's a month periode

and in my live, i get 23% since it's only one week trading

in my MM, i can't let my heart not using TP for trading Gold

i use TP cause it can grow my equity in smooth way..

if we know the future.. i will never use TP... LOL


stevenali Aug 20, 2011 4:17am | Post# 23

i use GRID trading for GOLD, the grid is 500pips
also watch for Support Resistance.. and Fibbonachi..

i do the best to avoid the Grid open to much

and this is i think my style to trade gold

stevenali Aug 20, 2011 4:23am | Post# 24

1 Attachment(s)
I already set Fibbonachi for next week

the grid line (blue dot) is where i put my Limit Order
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Name: fibonachi.gif
Size: 45 KB

stevenali Aug 22, 2011 1:46am | Post# 25

there's a gap.... buy stop hit

30% plus this morning.. not bad

TheIPOBubble Aug 22, 2011 2:05am | Post# 26

Gold is a BUY period. In this market, gold is producing only the safest risk/reward.

fordshimus Jun 13, 2012 1:59am | Post# 27

hi steve! thx for the thread. can you explain more about your op rule,sl,risk management and tp ?
and how did you manage to score 20% per week? or 500% on demo? gold trading looks so much different from forex....i am new to Gold pair. probaby would invest some of my money on this metal as safe haven in the future
are you by any chance orang indo...?

vladimir.kuc Jun 14, 2012 1:34pm | Post# 28

Targets .. -


Nawas Jun 15, 2012 6:53am | Post# 29

Thanks and whats your stoploss level

vladimir.kuc Jun 18, 2012 7:35am | Post# 30


vladimir.kuc Jun 19, 2012 5:24pm | Post# 31

possible first target - 1599 ....

cercatrova Jun 19, 2012 5:38pm | Post# 32

Gold market closed?

Crgone12 Jun 19, 2012 10:32pm | Post# 33

Thoughs on QE3?
I'm saying no QE3, because it would only make sense not to at the moment without more economic data. Thought sometimes crazy shit happens. Do you really think that they will hold off on QE3. My mind from all the reasearch says they will not and I feel good about that, then again people are starting to cloud my head. Your thoughts?

possible first target - 1599 ....

hariusa72 Jun 20, 2012 11:41am | Post# 34

nice gold trade!
Inserted Video

jupiter12 Jul 10, 2012 11:29am | Post# 35

Finally it reached 500% tonight...

also now is my 7th day at live.. already 15% in profit

i recomend use this EA as the GRID TRADING, everything about this EA u can find at this link
It looks like you use martingail strategy

Jose Louis Jul 24, 2012 1:59am | Post# 36

It looks like you use martingail strategy

what does it mean? could you describe the points of strategy please

james11 Jul 28, 2012 2:41am | Post# 37

Hi friends,

Currencies face the concern of devaluation when too much paper money is being printed or when there are economic issues. Gold does not erode in the same way in terms of its value as it is a physical asset with an inherent "stored value". Often times, it is viewed as a hedge against inflation.

During economic crises, investors tend to shun currencies and other riskier investments, favoring gold as the preferred "hard currency", if you will. This is how gold earned the reputation of a safe haven, something you might have heard on TV business news or read of in newspapers.

oztrader21 Sep 11, 2012 1:32pm | Post# 38

I am only a junior member and I'm curious, would you share with us what is your preferred trend filter.
happy trading

vinnethb Oct 3, 2012 7:53am | Post# 39

Gold may reach 2053 level to be precise
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Size: 183 KB

I say this "may" happen.

sangbadut Nov 12, 2012 8:07am | Post# 40

Interested to know what kind of EA that you are using stevenali?It look promising

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