macd & rsi wrote: Tue Apr 23, 2024 4:23 pm 23 th April :

All positions hit the STOP !

Today :

24th April :

Forex market , at a glance , is profitable @ H1 , But , GOLD is not .

If I want to put profit 3 $ ( 30 pips ) , then stop should be 6 $ which is very small for gold price fluctuations , in addition , Gold has very high commission and swap , so , I change gold's trading time to H4 , STOP and Target , I will decide about them in the coming days , the other is the same , H1 .

Also OIL (WTI ) , no commission but 26$ and 9$ for swap , it is maybe profitable @ H4 . I added it to my watching list .

This year , the Market , is experiencing a lot of fluctuations , So , it will be better going to higher T.F.

In addition when T.F. is H1 , At night, Iran time. sometime , The market starts a good wave , which can affect on results that trader can not take it because of time zone .

At H4 trader should check the market at least every 4 hour , which is much better than every 1 hour .

Try it @ H4 !

End hours of the week , and I never open a new position , eur shows sell signal , but every new trade is postponed for next week !

So far !

GBP/USD :

Closed the buy position and open a sell one . Based on system !

First day of may :

GOLD :

macd & rsi wrote: Thu May 02, 2024 4:23 am GOLD :

Target !