Trend Following with Tight Risk Management
This approach focuses on following established trends but incorporates strict risk management rules to limit losses and prevent a drawdown over 4%.
Scalping Strategy
Objective: To take advantage of small price movements in the gold market.
Approach: Traders make multiple trades within a short time frame, trying to capitalize on minute price changes. This strategy is typically high-risk, high-reward, and requires quick decision-making.
Tools: Traders use fast-moving indicators like the 5-minute or 1-minute charts, RSI, and MACD to spot short-term price fluctuations.
Open Date | Close date | Symbol | Action | Lots | SL | TP | Open | Close | Pips | Profit | Duration | Gain |
---|---|---|---|---|---|---|---|---|---|---|---|---|
200.0 |
|
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-1393.0 |
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1645.0 |
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80.0 |
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119.0 |
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499.0 |
|
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-277.0 |
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221.0 |
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20.0 |
|
|||||||||||
118.0 |
|