I have been running my trading strategy on XAUUSD for over six months which utilizes my own custom algorithms to determine market movement. I have been writing automated systems for over 10 years and now trade live with real money. I will post my weekly pip count for anyone who is interested and would like to get any information on best practice, money management strategies from traders who have traded XAUUSD to improve my trading education and profitability.
Short 2:30 17 May - Exited position 10:54 19 May pip gain 58.61
Long 2:35 21 May - Still in position current gain 17.74
I have added the screen dump for the above trades.
BACKGOUND INFO: I have been running my new algorithms for the last 6 months on several instruments, but the focus for me is on gold, I love the high-volume movement. Although not 100% accurate my signal arrows are so far producing very good opportunities on a regular basis.
SHORT Order Close 160pip gain.
LONG Order entered 8:54 23 May Price 1963.42
Scaled out half lotsize Price 1970
Monday 28 May, unfortunately I still cannot upload my screen dumps so I will revert to text only for now until I can work out whats going on.
Last week 22nd May-26May Pip gain on XAUUSD = 70.93 which is $70.93 gain, so for each dollar gain we multiply by 100 to get the pip count. So, in this case we have a 793 pip gain.
Week Two Start 29 may 2023:
Still Short from last Friday evening, its now Tuesday and movement is finally back.
Currently 90 pip gain. closed 2:55 120 pip gain.
Entered Long 30 May 4:48 currently 170 pips up…
I am going on Holidays for 5 days so I will update this post when I return.
Ended week two with as possible 600 pips on the table which follows on nicely from the 700 pip gain last week. Below is a screen shot as at close of market. I have changed the colors of the direction arrows, so they are more visible.
Very slow start to the week, picked up long entry at 10:06, which again was slow due to low volume, but still managed to squeeze 100pips. I scaled out twice, once at 40pips and again at 80pips and have left the rest of my position to run. see scree shot below.
Hi hexomar0,
I found sixnano on you tube last week. He is one of the many ‘live’ streamers who give signals directly from their screen, but you will recognise his distinct colours and look if you do a simple search. Last week was a great week.
Cheers.
The importance of patience is shown below, again some good movement last night followed by a a pretty flat day. As you can see the Q5 Algorithm mostly avoids the sideways market, which of course is where the big losses occur. see below
I don’t really trade XAU but I’m sure I’ve seen a lot of traders here who have been interested. 
