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melvinlimmy replied Feb 25, 2015Thanks for the comments, IMO this trade is a free ride, H4 is clear.PA move downwards close to 1200 i will move my stop loss to my entry price thus creating a free trade & since theres no swap for gold, i can just ride the downward wave.
Only Gold!
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melvinlimmy replied Feb 25, 2015Okay bulls step aside( you've done your part) Let bears take over Sell Tp at 1160 SL 1220 image image image
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melvinlimmy replied Feb 11, 2015Closed Half of the position, set a trailing stop at 182.5 Target 183.925 got a feeling that it will come back down 182.478 Just my 2 cents. Happy Trading guys!! image
Dragon Riders GBP/JPY
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melvinlimmy replied Feb 8, 2015Current Price Action inside BB Period 50, Std deviation 1,2 & 3; which also means that PA can continue to head north to 182 & if strong 186.2 Ichimoku cloud- No mans land My 2 cents, pa will move towards 182 and float. Bought @ 181.38 Happy Trading ...
Dragon Riders GBP/JPY
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melvinlimmy replied Feb 6, 2015I would suggest you to close all trade. It sounds like you are over leveraging and over trading. Close the trade and learn from your mistakes. Go back to demo and backtest your strategy if needed
stuck in a hedge, need help :/
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melvinlimmy replied Jan 12, 2015why 177.7? im having mixed signals from H4 & D1. seems like pa is in no mans land
Dragon Riders GBP/JPY
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melvinlimmy replied Jan 12, 2015wow u got balls of steel trading in this environment!! what do u think the PA will be like with tomorrows CPI?
Dragon Riders GBP/JPY
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melvinlimmy replied Jan 11, 2015Divergence in H4 seems to suggest we are heading to 178.5- 176 area, but im quite skeptical about the PA. Not going to trade this week. Lets c how will london react tomorrow when CPI is released. Happy Trading guys!!
Dragon Riders GBP/JPY
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melvinlimmy replied Jan 9, 2015Based on H1 & H4 seems possible to go down to 178.780, failure to break above 181 my 2 cents bulls are fading away. Sold at 180.544, trade safe guys
Dragon Riders GBP/JPY
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melvinlimmy replied Jan 6, 2015PA sure looks like its going down to 1200 on H4 TF. Standard deviation of 2 & 3 on bollinger seems to be resisting bulls. D1 chart looks like in a range of 1241 -1174. No trade for me in this region at the moment. Trade Safe guys!!
Only Gold!
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melvinlimmy replied Jan 6, 2015H4 charts seems like going to test 181 then 184. I'm looking to sell at 183 or 184. will c what happens when london opens. happy trading guys
Dragon Riders GBP/JPY
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melvinlimmy replied Dec 22, 2014what a way to start the week! trade safe guys. c y'all next year
Only Gold!
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melvinlimmy replied Jan 29, 2014The table below shows the reaction of gold and silver to the FOMC’s decisions in the past several years
XAU/USD & XAG/USD - Gold & Silver Traders Thread