Trading GOLD this year has been like trading GBPUSD during BREXIT, if you know what I mean

swd - Trading Journal

Yep, I understand. Gold is probably the WORST instrument right now to attempt this on, very volatile, have to be better capitalised to withstand the swings on it. You could try something else, that has low swap as well so that you can hold for a ...

Wolf Trading Strategy XAUUSD Only

That bit is not such a problem. If you try to unhedge at a reversal point and it turns out not to be, you just rehedge again, so if you had 3 sells all losing, reversal doesn't work then put 3 buys again so you are full hedge and wait for another ...

Wolf Trading Strategy XAUUSD Only

At some point, you have to cash in all the profit from the winning side and then be one-sided on the drawdown and that is the side you are trying to then win on or at least break even. The problem that most people seem to be struggling with, is when ...

Wolf Trading Strategy XAUUSD Only

I applaud you for being honest and declaring your loss this week, you lost a battle, but you are still winning the war. Well done . However I did point this out in this post url . Nobody take notice but it doesn't matter. Still there is ...

Wolf Trading Strategy XAUUSD Only

I have come to the conclusion that on some threads, the level of English and of comprehension in general, is not good

swd - Trading Journal

They're just some funny comments off the news section. Nothing to do with real trading

Wolf Trading Strategy XAUUSD Only

A bit of light relief, a roundup of some of the news comments from the last hour or so... I just can't stop laughing... ...

Wolf Trading Strategy XAUUSD Only

TBH, the best form of entertainment right now is the news section and specifically the commments section. I just can't stop laughing... here is a selection of comments... ...

swd - Trading Journal

Haha I've already answered it a looonng time ago. Yes I do hedge. Was just wondering how much more of this strategy you were prepared to release over and above the vanilla stuff you have here. Anyway carry on it's all good. Wish you the best of luck. ...

Wolf Trading Strategy XAUUSD Only

No, doesn't help. I have my own methods so I don't need to know tbh, but when I see a hole I always poke it It does not explain what to do about swing hedging which you yourself have just been stuck in since last Friday, even though the video ...

Wolf Trading Strategy XAUUSD Only

Also it ocurred to me, if you are in a long trend and you keep selling resistance, doesn't your number of buys and sells just get greater and greater? So you start with say 3 hedged pairs, after taking profit, you sell resistance then you have 4 ...

Wolf Trading Strategy XAUUSD Only

This is a good philosophy of course, but I think he wants to know what you do when price blasts through your support or resistance? You need to re-hedge, but how many pips of drawdown do you allow before you decide to place that hedge?

Wolf Trading Strategy XAUUSD Only

I feel compelled to point this out, trading IS gambling. But I do see what you are saying, good advice for some in there if they read it. The greater fool may be the person who posts advice in the belief that anyone is going to listen to it

Gold with No Drama

Update. Arrived at 50% on demo. Am going to leave it there because demo doesn't pay the bills and its taking too much of my time. Just live trading from now on. Might put some stuff here if i can be bothered. image

swd - Trading Journal

Still chugging along with the demo account on the side. Trading GOLD only, up 34% since Jan 29th, haven't traded every day as I am live trading as well, but so far so good. Attention is to flip it to 20K in the very near future. Then when 20K hit ...

swd - Trading Journal

Trading is quite a boring job, so for a bit of extra stimulus, started a 10K demo account, 4 trading days in, up 21%. Max lot size 0.02, instrument GOLD. Will try to flip the account in the next 2 weeks. I'll post progress to the echo chamber.

swd - Trading Journal

Maybe close, but no cigar...

Flying Dutchman

Gold maket has been going up since the middle of August, and when I say UP I mean straight up. I've never seen opportunity to make money like that before and that simple. BUT...still people lose money and the hard luck stories flow. The market and ...

swd - Trading Journal

Shame that some threads have divisive, jealous characters lurking within. It was ever thus I suppose. One of the main reasons I keep out of the way and stick to posting the odd thought.

swd - Trading Journal