To be honest, I find it weird using trailing-stops because the market often makes fake breakouts or quick moves, and then suddenly reverses without you. That’s when FOMO kicks in and you end up chasing the move, which usually leads to a loss. That’s ...

Trailing Stop or Take Profit?

Quite a good one for the opening range breakout. Never seen such results in my backtesting (I used 15 min ORB but not for gold, for Nasdaq with RR 1:1 or 1:2 depending on the current market structure). Maybe indeed it’s a good idea to add ATR to my ...

XAUUSD NY Open Range Breakout Scalping System

The initial post has a “get me rich quick” vibe. But it’s crucial to remember that everything worthy in life takes time to develop. And what comes fast and effortless, goes away likewise. Successful trading strategies of others won’t help to ...

To the profitable people

Well, it seems that gold price has fully recovered from global decline that took place at the end of september. And judging by price behavior, it has consolidated above necessary levels. That's happened more than once. And it looks like it's going ...

Gold

From my personal perspective detecting a bearish trend is a bit easier than a bullish one, idk why maybe cuz according to my personal statistics I had more successful deals when the market was falling. Perhaps everything's because human's brain is ...

The bearish thread