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Trader1971 replied Jan 17, 2020Currently I see a very strong dollar and a very strong gold price. This is why gold against the USD is not moving. If repo purchases is still on, USD should weaken and gold should go up. Just my point of view, I might be missing this boat big time. ...
4 + 1 (Metals) strategy
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Trader1971 replied Jan 17, 2020Took a new position on M15 confluence with trend line and 50 EMA Also add a buy limit order on M15 200 EMA image

4 + 1 (Metals) strategy
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Trader1971 replied Jan 17, 2020Price busy testing a supply zone. Lets see if it's gonna break. image
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Trader1971 replied Jan 17, 2020Took 50% off trade and add hard stop at BE + ticks
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Trader1971 replied Jan 17, 2020Hello M, Missed the buy zone, been at work. Entered long at 1556.79 Open target, no stops, manage loss with EA Interesting to see dollar index rally and gold holding ground. image

4 + 1 (Metals) strategy
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Trader1971 replied Jan 15, 2020I'm DONE for today. Closed out the rest of my positions manually at 1555.00 Need to get some sleep. Back at work tomorrow. Enjoy!

4 + 1 (Metals) strategy
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Trader1971 replied Jan 15, 2020Move all stops to BE. Took 50% off at 1556.00
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Trader1971 replied Jan 15, 2020After some evaluation of today's price action, I'm adjusting my open trades as follow: Hard stop change from 1540.51 to 1548.4 (reducing risk) *1551.89 - change target to 1557.65 *1552.25 - change target to 1559.46 *1553.14 - change target to ...
4 + 1 (Metals) strategy
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Trader1971 replied Jan 15, 2020Gold is currently just trading sideways Great opportunity for scalping Need for more patience is a must!
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Trader1971 replied Jan 15, 2020My last entry just got stopped out at BE. Very choppy. Lol Testing M15 200EMA again. I still have 3 active positions long. Sitting on my hand and let it play out.

4 + 1 (Metals) strategy
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Trader1971 replied Jan 15, 2020Looking good for bulls My last position now at BE Will be moving all my stops to BE at 1560.1 image

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Trader1971 replied Jan 15, 2020Just entered another long position at 1548.82 - stop at 1540.51 - target 1560.10 My total Risk now 2.5% I just think that weekly PP at 1571.17 has a good chance of being tested again before friday. I would like to see that current H1 candle close ...
4 + 1 (Metals) strategy
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Trader1971 replied Jan 15, 2020I took the day off from work, 1st day of school for my kids. Sitting at home all alone now, just could not resist to place some trades on Gold. I placed three trades. Hard stop at 1540.51 *1551.89 - target 1600.00 *1552.25 - target 1585.45 *1553.14 ...
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Trader1971 replied Jan 14, 2020I'm out for today. No trading for rest of week.

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Trader1971 replied Jan 14, 2020If the current hourly candle does not close below S1, then I'm pulling the plug on these trades. Last chance.

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Trader1971 replied Jan 14, 2020Need a break off daily s1 @ 1542.19 on H1 to see more bearish action. image
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Trader1971 replied Jan 13, 2020Close trade manually out at 1548.25, do not want to take any chances A very non productive day for me Will be patiently watching for new opportunities.

4 + 1 (Metals) strategy
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Trader1971 replied Jan 13, 2020Adjusted my stop to 1539.00 Total risk now less than 1% Look like a head and shoulder pattern on H1
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Trader1971 replied Jan 13, 2020Thanks bro, Not the best start for this week, been in draw down since I placed the trade. Will be patient and just observe price action. Look like range trading for the moment. I just love the 200 ema on the H1, nice bounce.
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