Gold with No Drama

Quoting bdsilvano

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My Days work. 2 Red and all Green, currently I have still open Sell. Waiting this to be TP. hope it reach 4153. I am showing my accounts to you guys like everyday not to brag, but to teach all newbie, how to really trade, once they crack my account and understand market dynamic, they will understand why. I hope that I can give more info doing this. I know each one of us has there own style. But I just try to help as I am a newbie one time also, and FF has help me over the years. {image}

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Quoting forkstrader

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{quote} We all know that you make profits almost everyday.. as you rightly mentioned, your screenshots will not help the newbies to learn how to really trade. You should actually share your knowledge on a regular basis on why you are entering the trades and exiting(if there is a reason apart from just profit booking) Many of us want to learn and that is the reason we are coming back to ForexFactory everyday. And there is no limit on how much we learn to become successful.. Learning is a journey.. !!

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Quoting bdsilvano

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{quote} At least now you ask the right question. 1.) hedging is the only way to trade for me, I buy and Sell at sametime at any price. 2) any positive on that 2 order will go let say 50+pips (no preference) Ill take it, and put another hedge buy & sell again. 3) I ll keep doing that until (London Time), one we are in nearly NY Open, youll find that youll have a Drawdown (on one side its either buy side or sell side). 4) NY will do the retrace mostly NY will go from Higher of the Day and goes Low of the Day, so all you order will be gone out in Green....

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Quoting bdsilvano

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{quote} At least now you ask the right question. 1.) hedging is the only way to trade for me, I buy and Sell at sametime at any price. 2) any positive on that 2 order will go let say 50+pips (no preference) Ill take it, and put another hedge buy & sell again. 3) I ll keep doing that until (London Time), one we are in nearly NY Open, youll find that youll have a Drawdown (on one side its either buy side or sell side). 4) NY will do the retrace mostly NY will go from Higher of the Day and goes Low of the Day, so all you order will be gone out in Green....

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Quoting bdsilvano

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{quote} At least now you ask the right question. 1.) hedging is the only way to trade for me, I buy and Sell at sametime at any price. 2) any positive on that 2 order will go let say 50+pips (no preference) Ill take it, and put another hedge buy & sell again. 3) I ll keep doing that until (London Time), one we are in nearly NY Open, youll find that youll have a Drawdown (on one side its either buy side or sell side). 4) NY will do the retrace mostly NY will go from Higher of the Day and goes Low of the Day, so all you order will be gone out in Green....

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Quoting bdsilvano

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{quote} At least now you ask the right question. 1.) hedging is the only way to trade for me, I buy and Sell at sametime at any price. 2) any positive on that 2 order will go let say 50+pips (no preference) Ill take it, and put another hedge buy & sell again. 3) I ll keep doing that until (London Time), one we are in nearly NY Open, youll find that youll have a Drawdown (on one side its either buy side or sell side). 4) NY will do the retrace mostly NY will go from Higher of the Day and goes Low of the Day, so all you order will be gone out in Green....

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Quoting forkstrader

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{quote} Thanks for sharing.. This looks tempting to try but not easy as we think. This needs the knowledge on how to handle and adjust the trades when the price goes in one direction for one or more days.. As long as it is ranging, chances of making money is good with this strategy as far as I understand. Will practice in a demo acc and PM you if I need further inputs.

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Quoting forkstrader

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{quote} >> 5) comebine this with Time Session asia open asia close london open london close ny open ny close. and youll see you will have a powerfull trading strategy. What do you mean by this? Elaborate pls

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Quoting bdsilvano

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{quote} At least now you ask the right question. 1.) hedging is the only way to trade for me, I buy and Sell at sametime at any price. 2) any positive on that 2 order will go let say 50+pips (no preference) Ill take it, and put another hedge buy & sell again. 3) I ll keep doing that until (London Time), one we are in nearly NY Open, youll find that youll have a Drawdown (on one side its either buy side or sell side). 4) NY will do the retrace mostly NY will go from Higher of the Day and goes Low of the Day, so all you order will be gone out in Green....

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Quoting kacor11

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{quote} I don't get where the profit is in this strategy? You're paying additional commisions for your hedge position. I'm assuming you're doing market orders so you're getting worse fills. You have to close your hedge at one point I assume at high/low. Isn't it the same as just buying low/selling high but with additional costs?

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Quoting bdsilvano

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{quote} so change your broker, mine doesnt have any commision on gold and I do have Razor edge account so gold for me is tiny spread.

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Quoting bdsilvano

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{quote} so change your broker, mine doesnt have any commision on gold and I do have Razor edge account so gold for me is tiny spread.

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Quoting bdsilvano

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{quote} so change your broker, mine doesnt have any commision on gold and I do have Razor edge account so gold for me is tiny spread.

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Quoting Aliens

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{quote} You revealed the best market strategy, haha, I have also been using this strategy for several years and it is always profitable, but recently I combined it with Martingale and it has become amazing.

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Quoting Aliens

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{quote} You revealed the best market strategy, haha, I have also been using this strategy for several years and it is always profitable, but recently I combined it with Martingale and it has become amazing.

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Quoting stormseeker9

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{quote} Out of interest, what is your spread like? considering no comm I trade with com $7 per lot traded total and my ave spread approx 0.7 pips (Flucuates between 0-1.1 pip)

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