SL is 90% of this game ,read below word by word witout hurryupon gold 50% new pattern can comes ,if DXY go up allow
green arrow powerfull place you can buy , 100% put buystop on yesterday high 1720 (sl 4-5 pip below low)
SAVE IN YOUR MIND ,THINK 3 WEEK =
world best signal winrate max is 60% winrate(6tp -4SL) so 100% you must put SL under 15min chart clear low
new traders mistake=new traders cant understand SL is base of this game ,remove it ,they cant see when they put SL in low ,break low mean down trend
they close + profit posation with little profit ,cant wait but they wait on loss posations,,,Pro trader are opposite,they close loss posation soon(SL on low/high) but wait many time on profit pos ,their TP is above 3*SL (if close sooner , you will loss)
SECRET FOR PICK PROFIT =for trade gold (index like dax,dow and forex) your max lot size per 1000$= 0.01(10$) lot max open order=2 reduce your levrage to 10(max allow levrage=20) high levrage=high size=high loss in lower time
if you have 10.000$ in account for trade your lot on gold,index,forex,crypto must be 0.1 max ,,,above it you are not pro trader,you 100% will margincall
bank,fund trader per 10.000$ trade on 0.01 lot ,max levrage they pick=1to5
Trade_stratgy
Bank traders stratgy for trade gold gold is very very trendy maner
when price is below sma200 daily ,only looking for sell (never reverse on gold,oil and trendy markets=margincall)
see green line , in 15min chart put sellstop under last clear low(5 pip below low) ,put SL on last high tp =3*sl or fibo 161%
NOTE= DONT JUDGE SOON LIKE STUPIDS,TRY IT 3 MONTH, THIS STRATGY NEED 3 MONTH PRACTICE TO FIND ITS SECRET ,in frist days you will see 70% sl but with practice you can reach 30% sl
money managment= levrage must under 25 , per 1000$ balance 0.01 lot (max open order=2)
after put order(in real account) shot down your platform and go away 24 hour
MY STRATGY FOR TRADE DAX AND GOLD my break trend stratgy
draw all trend line and support on weekly,daily,1hour,15min chart
charting.godmode-trader.de
after practice you must see on gold 9 tp 1 sl and on dax 3sl 7tp(dax manner is zigzag,gold is super trendy)
USE ONLY SMA200 (simple moving avrage) on gold AND EMA200(exponential ma) on dax
EMA 200 (sma200)in 15-60-1440min is very very important put this 3 on your chart
AC (accelator occilator ) in dax is for 30-240min but in gold=60-1440min
if you dont have AC , use fast stochastic 5-3-3 simple (candel avrage ,not close )
on gold use fibo for TP and on dax,dow,sp500 use fibo extention(projection) allways your tp must be min 3*sl or more
charting.godmode-trader.de
dont judge soon like stupid,try this 1 month and 20 posation then judge
good lock