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Still up - my mistake with the wrong entry and stop loss level.
You should have set a stop loss somewhere at 1133
Yes, I agree, my friend and I were analyzing today's trades, gold had a stop loss at 1131.17 (weekly low), but in this case the risks would not be observed, so it was not the right entry anyway. That's ok, but you still need some experience.
Not without that, how long have you been in the market and is it uninterrupted or has there been a breakthrough?
About four years, uninterrupted.
Dear Forum Members,
Please share your observations/opinions/experiences regarding the pair (metal) XAU/USD, on its permanent allies and opponents.
One of the main adversaries is a well-known US dollar (in the symbols dollar index #DX, there is also USDOLLAR from broker FXCM).
Thanks in advance!
I agree with my colleagues that gold is better traded with allies: Aussie and Euro. Although, as far as I'm concerned, gold sometimes spits on all allies and opponents.
From my observations, gold sometimes acts as a safe haven currency during a crisis, for example, and can move detached from all allies.
Sometimes gold does serve the function of a speculative instrument, then it looks good together with the euro and the Aussie. IMHO
Hello there.
So how is our esteemed theme creator, have you had a chance to buy in???
Hello there.
Well, how is our esteemed theme creator, did you manage to buy???
Hello Oksana, no I didn't.
I was trading currency pairs.
Hello Oxana, no I couldn't.
I was trading currency pairs.