Social Trader's Market Thoughts

Trading Systems
1

Hello,

In subsequent posts I will discuss my methodology. To kick off the thread, I will post some charts I find interesting. Please do not mistake this for a signal. These are my thoughts on the market and that’s it.

[B]XAU/USD Daily Chart[/B]

You are free to share your thoughts and analysis on the charts posted here.

Safe Trading!
ST

2

[B]GBP/JPY Daily Chart[/B]

3

[B]GBP/JPY Update[/B]

4

[B]XAU/USD Update[/B]

5


download screenshot

If you notice, the gold trade I entered is with 0.3 lot. I am not sure how my eyes deceived me, but it was supposed to be 0.03 lots. I realized it much later, so I let it run. FYI, it is a demo account.

6

[B]GBP/JPY Update[/B]

Trade closed for 215 pips at 150.00.

7

[B]XAU/USD Update[/B]

Trade closed at 1308.40. Reason - As I mentioned earlier, I had accidentally opened the trade with 0.3 lot in stead of 0.03. Since it is a risky pair to trade, I closed it.