Precious Metals Daily

Discussion in 'Trading Journals' started by myfxpt, Feb 2, 2017.

  1. myfxpt

    myfxpt Master Trader

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    As the name suggests, this strategy trades Gold and Silver on the daily timeframe. It uses support and resistance levels and a modified Stochastic to generate trade signals, including entry price, stop-loss, and take-profit targets.
     
  2. myfxpt

    myfxpt Master Trader

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    Silver trade opened 31st January 2017. Note the approximate 1:3 risk/reward ratio!
    [​IMG]
     
  3. myfxpt

    myfxpt Master Trader

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    Gold buy-stop order opened 1st February 2017. Note 1:2.8 risk/reward ratio!
    [​IMG]
     
  4. myfxpt

    myfxpt Master Trader

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    Stopped out at breakeven (small profit of $5.86 achieved).
     
  5. myfxpt

    myfxpt Master Trader

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    Order cancelled.
     

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