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Simple Gold Trading EA for more profits

  • #61
  • Feb 5, 2015 8:06am Feb 5, 2015 8:06am
I think what we've been witnessing over the last couple of quarters is an unrivaled investor optimism in the equities market, mainly driven by the U.S economic recovery. the numbers were awesome through Q3 of 2014, but based on Q4 figures, the we could be witnessing the real picture of the recovery campaign. I believe that commodity prices are a great way of evaluating the level of economic growth and the plunge witnessed last year had more to do with the real economic health than just a shift in investor sentiment. This year, could be one of the trickiest in history given the contradicting situation that we currently face. i.e U.S is doing well- the rest of the world is not; commodities are doing bad, and it's not just down to the strong dollar.
  • #62
  • Feb 6, 2015 11:40am Feb 6, 2015 11:40am
I believe that Gold remains one of the hottest commodities to buy long this year. Reason being, after a fall, gold always rises. It has done this over the years and I believe this time around is no different. In fact, with the global economies already exercising caution to try and stimulate economic growth, only US has been a standout performer, but it stands to be tested this year once it raises the interest rates. The reaction of consumers to interest rate hike would be crucial in determine just how far the U.S can take its economic binge.
  • #63
  • Feb 11, 2015 9:20am Feb 11, 2015 9:20am
Gold just broke through S1 $1,230. Now S2 $1,200 looks well within reach.Not turning out as I expected, but still remain bullish on the long-term.

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  • #64
  • Feb 23, 2015 7:59am Feb 23, 2015 7:59am
gold has long been considered as a safe-haven, and that's why it appeals most in times of economic downfall. as a newbie in trading, i like gold as it offers lesser risk. though unfortunately, gold prices dropped recently, im hoping for price recovery in the next few days (crossing fingers and toes)
  • #65
  • Jul 16, 2015 10:57am Jul 16, 2015 10:57am
Hi Every one,

Please also post the mq4 file of this ea...... i win full magic- no enable.ex4

Thanks
  • #66
  • Jul 19, 2015 9:52am Jul 19, 2015 9:52am
Quoting stevenali
SELL SELL..... {image}
hello stevenali, you can tell me you use the road MA does not, thank you very much!
  • #67
  • Oct 22, 2015 10:55am Oct 22, 2015 10:55am
everyone encourages investing on Gold saying it's the safest investment , but I'm still not so sure about it..
  • #68
  • Oct 22, 2015 11:46pm Oct 22, 2015 11:46pm
Hello everybody. I'm a newbie and want to say that it is very dangerous to trade gold. You can either lose a lot of money or horoosho. I tried several times to trade using a buy limit and buy stop with TA. Yes, I did. I even earned a little profit. But I want to say about the rise of gold.Recently I read in one article that the cost of it may fall to $ 1,050 a troy ounce in December, when the Fed benchmark interest rate povіsit. So I think that we should not rely only on its growth. What do you think?
Where is my mind?
  • #69
  • Oct 23, 2015 9:50am Oct 23, 2015 9:50am
that's exactly what I was afraid of.. I've been reading all these news around that I'm still wonder on what to do..
  • #70
  • Jun 14, 2016 6:20am Jun 14, 2016 6:20am
I see a big sell from daily pivot 1280.00 to weekly pivot 1262.12
Attached Image (click to enlarge)
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Forex, awful to watch, AWESOME to play
  • #71
  • Jun 14, 2016 6:44am Jun 14, 2016 6:44am
Quoting Carry
Hello everybody. I'm a newbie and want to say that it is very dangerous to trade gold. You can either lose a lot of money or horoosho. I tried several times to trade using a buy limit and buy stop with TA. Yes, I did. I even earned a little profit. But I want to say about the rise of gold.Recently I read in one article that the cost of it may fall to $ 1,050 a troy ounce in December, when the Fed benchmark interest rate povіsit. So I think that we should not rely only on its growth. What do you think?

I agree, I've always found Gold one of the more intriguing investment opportunities, but Jeez it can be risky, over the years I have had mixed fortunes with Gold, but more favourable in recent times, but I agree that it's growth should not be relied on.
  • #72
  • Jul 3, 2016 9:57am Jul 3, 2016 9:57am
During uncertain times like these, it's GOLD that'll rise. People and investors look for a safe haven. Real Estate or GOLD. As far as GOLD investors are concerned, bad news is good news.
WEISZ
  • #73
  • Jul 3, 2016 10:48am Jul 3, 2016 10:48am
I've been thinking of gold trading for a long time. It's not bad investing, even if now it falls, it will jump as usual. but of course there is some risk in such trading..
  • #74
  • Jul 20, 2016 7:43am Jul 20, 2016 7:43am
The time has shown that the current up move is the new A wave of the new bullish up trend as its recent high on Awesome Oscillator (AOx1) has already beaten the previous high of B correction in July 2012.
What does it mean?
It means that we are going to have the bullish A wave on Weekly chart in progress to be followed by some correction B and then the final impulse C wave on Weekly.
Attached Image (click to enlarge)
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  • #75
  • Nov 16, 2019 6:08am Nov 16, 2019 6:08am
Quoting Cbh123
Personally I think gold is the next bubble. Generally when everybody and their Grandma starts buying something (tech stocks and real estate are good examples) eventually you run out of new buyers, and over-inflated prices (like gold's current price) drop quickly and late comers (people who buy now) lose a lot of money. The time to buy gold at a great price is not now. Anyway, best of luck to you and for your sake I hope you make a little money before it drops. Cory
hi there, can you share the indicators you use to trade gold? thank you
  • #76
  • Nov 19, 2019 12:30am Nov 19, 2019 12:30am
Quoting stevenali
i use GRID trading for GOLD, the grid is 500pips
CVMForex OF All Time Return: na
  • #77
  • Feb 8, 2020 3:50am Feb 8, 2020 3:50am
Quoting stevenali
i trade GOLD manually the principal is very simple 1. Always BUY 2. when price down BUY again for now i'm sure it's still profitable because the main trend of GOLD is UPTREND .. some analyst said GOLD will reach $3000/troy ounce we need simple EA to make trade GOLD is more profitable, because since i did manually... (not 24H on Computer), 1. i use buy limit and buy stop with TP 2. some retracement which should banked pips can't be done 3. EA with PENDING ORDER is more profitable than EA with no pending order 4. GOOD MM is the key for longterm trade...
hello dear are you still available ?
  • #78
  • Mar 29, 2020 4:28pm Mar 29, 2020 4:28pm
A backtest of this EA shows these results. A 77% drawdown happened in 2011 and another that wiped out the account the same year. This was only one year after starting this EA. If you want to use this EA you may want to withdraw your profits until you are risk free and stop it when the gold price is dropping because the strategy always buys
Attached Image (click to enlarge)
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Money management is the easiest to learn but means life or death!
  • #79
  • Aug 10, 2020 11:07am Aug 10, 2020 11:07am
Hey Steve,


Do you have mq4 file format for the EA?
  • #80
  • Last Post: Aug 10, 2020 11:08am Aug 10, 2020 11:08am
Quoting stevenali
i attacht EA this great tools {file}
Do you have mq4 file format for the EA?
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