Dave FX Hunter

Although I was trying to get out of the hedged position, it only led to a deeper and deeper loss. So today I decided to cut the loss completely.

I will cut the loss completely tonight. Next trying to get out of these positions would lead to a bigger loss also I'm under the pressure of high swaps.

I have closed the the sell hedge positions and leaving it open now. Expecting the USD pullback down which should bring the GU, EU and AU up. I will not be adding some more hedge positions, it only leads to more potential losses.

I decided to hedge the positions for now as there is big red news for the next two days, if new lows are created I will take profits from shorts, if we ride up longs then we will be closing longs. We have enough leverage and the gaps between average short and long entries are not so big. Although I little bit overshooted with the position sizes. I don't see this as a huge problem. Meanwhile I will run Scalping trades

We are running 5% profit at the moment. I'm receiving questions about why I don't close it. Well, If I close it now. We will be breake even since 2024. I don't trade for the break even. I currently see big potential move on our opened trades and I will be looking to add to the positions. If you look to my history every year has many average months, but there is always 2 or 3 months when I have big, big profits. I feel it can be this month. Lets be patient, it pays.

I decided to cut the XAUUSD loss. This means that we gave back the recent gains of this month and going to -4% negative for this quarter. I appreciate all my followers, but I would also appreciate if you kept the comments to yourself. You are subscribing to the service, but still have in mind that I trade mainly to make money not to satisfy your risk appetite. If it's too much for you then don't follow this signal. It is the number one MQL5 signal and its 10 000% gains were not without ups and downs. If you can't handle drawdown, you don't deserve performance. I will also rise the price so the tourists without money and short term speculators are avoided.

Hey, guys, I understand it's not comfortable to see the account going to the drawdown. But what is comfortable in the trading is barely profitable. Trading is risky, and we can get hit. But I will never let burn the account. Thanks for your trust. Let's make money.

The dollar has weakened on the FOMC as expected. I expect the USD to be weak for the next 3 months. I see the most potential in AUDUSD, GBPUSD and EURUSD. I will continue scalping in the direction against USD. In the pullbacks, I will be adding to the positions. That will be periods when we will have a temporary drawdown per my calculations it should not exceed 20%. Just be patient, the accumulation phase has ended now will be a good trading period. Thanks for trading with me. If you find spare 2 minutes please drop a review.

Please let me know in reviews or private messages if your trades are correctly copied. There were some issues.

January behind us, it was overall difficult for me to find sync with the markets.

I'm overall bullish on GBP, EUR, and CAD against the USD. Tomorrow is the news day. I think the real move comes tomorrow.

Reaction to the trader review Thomas Noonan 2024.01.13 00:51 Paid subscription fee for 4 months, and returned -1% in that time. Definitely not worth the elevated $49/month price to run a consistent drawdown Answer: Hi Thomas, sorry to hear that, you have probably joined at the peak of the equity when I had a short losing streak on the gold and I cut the loss. Which has been slowly recovered in the next months and true is that equity is not back on that peak yet. But trading is a marathon, not a sprint and in the end, I had only one losing month in 2023 then everything in the profit and I ended with 98% gain, which I consider as not a bad result. Regarding your complaint about the drawdown, there was no higher DD than 20% and we have been in such a situation only 2 times in the year. Overall I have closed 4 th year in a row with good gains. Sorry that you were in just in that bad period, but Im not profitable always. Good luck in 2024

I have raised the price to 999 temporarily. So no one subscribes and wastes money during the non-trading period. As mentioned already in November - I will not be trading over the Christmas period and the first 2 weeks of 2024. If your subscription ends, wait until the 15th of January I will put the price back down.