Simple Gold Trading EA for more profits

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)
http://img143.imageshack.us/img143/3514/1800x.gif

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.

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


regards

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

I already set Fibbonachi for next week

the grid line (blue dot) is where i put my Limit Order

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

30% plus this morning.. not bad

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

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...?

Targets .. -

http://imgs.su/tmp/2012-06-14/1339695266-575.jpg



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Thanks and whats your stoploss level

~1670

possible first target - 1599 ....

Gold market closed?

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?

It looks like you use martingail strategy

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

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.

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

I say this "may" happen.

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