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BiteFX replied Mar 30, 2020Would have left with a little profit, say 10pips, but, I slept off. Then saw the manual exit when I awoke...This is part of the business. Am not a machine.
Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 30, 2020
Note, this trade was closed manually with a 60pips loss considering new trading day's parameters. I Stay Alive...and move ahead.
Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 30, 2020
Talking about this... I found a limit order to be more conservative than a stop order. From its own very word, limiting unnecessary draw downs. Stop orders tries to predict a breakout(really dangerous), while limit orders tends to systematically ...
Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 30, 2020
Trade idea...
Limit order at 1620, stop loss at 1630. Allow price to break below 1610...then initiate a limit order at 1610 stop loss at 1620.Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 30, 2020
Tuesday March 31, 2020. The bears finally won the fight yesterday. With the chart giving off a Bearish Broadening formation and 1620 acting as a near term resistance to send price even lower, a break below 1610 will confirm the bearish move opening ...
Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 30, 2020
Now trading above 1620 psych level...
Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 30, 2020
See the
ish fight back! Wow!Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 30, 2020
Gold is truly crazy this season... Thank God am not scalping this market... I would have been ripped apart.
Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 30, 2020
Heading to 1610 first, then 1600...
Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 30, 2020 Breakout below 1620...and all trend lines. Bears may be on a serious down move.Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 30, 2020
I Stay Alive till tomorrow.
Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 30, 2020
What a boring day...
/ fight isn't really fun today.Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 30, 2020
Skoljkica, which broker do you use?
Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 30, 2020
Chart
giving a flag pattern... Anything is possible o.Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 30, 2020
Hmmm...That's my stop loss niggi!
Gold Mining - Using Each Trading Day's Trend
- BiteFX replied Mar 30, 2020
Am already in...I Stay Alive guys
Gold Mining - Using Each Trading Day's Trend