My trading journey with FXOpen

[radex78]

I have struggled in hard and challenging forex trading, even though I have experienced trading ups and downs, still trying to survive to trade better. Here I want to write down the trading activities that I do. With the results of profits and losses.

 

[radex78]

Check some pairs gaps are occurring in Monday open, GBPUSD gap down, USDJPY gap up.
Check the economic calendar today in FF, important news for the USD New York Manufacturing Index and Powell Speaks.
The gap might be covered this week, but I think still looking for the best retracement of 61.8 or 50.0 of Fibo. Wait and see today

 

[radex78]

Yesterday's trading cut profit on Silver, today still waiting and see, the price of gold has soared to a new all-time high maybe there is increasing global demand, waiting for a pullback.

 

[radex78]

Today the focus of US economic news is on job data, Unemployment Claims which is expected to be 229k from the previous 222k. Gold prices are still in an upward bias despite a slight pullback, while silver fell deeper than gold. Instant buy here.

 

[radex78]

Mixed US data brought gold down, drawing a pullback pattern. Waiting for further decline near the lower band.

 

[radex78]

The price of gold fell and even passed the lower band line, a sharp decline occurred. Market closed.

 

[radex78]

Last Friday the price of gold collapsed after reaching ATH, today try to speculate to buy gold.

 

[radex78]

The gold price does not determine the upward direction to reach the target, the price has fallen before that and hits SL. There is no important news today while there is no trade.

 

[radex78]

Today the focus is on EURUSD, there is PMI news which will be released later, while looking at a small time frame, volatility is still low, activate the sell limit.

 

[radex78]

Price dynamics are unpredictable. If previously bearish sentiment dominates, but there is an upward wave. Today's high-impact news is GDP and US unemployment claims. wait and see.