Hi guys, I said to aim for 1275 and then take a breather. Well I’m often a few dollars off and I think the top was 1274. something. Where to now?! You’ll have to subscribe to my trade signals to find out.
If you’d like to follow my $5mill demo account started last week this is the link,
It made $600,000 last Friday and is up $150,000 today. GoMarkets have made it non expiring so lets see how large it can become. My 30% a week strategy can take it to $1200 mill in 22 weeks.
This monthly candle is a unique one. The open is essentially the same as the close and it has ended on the bear channel edge. Where to in June? Possibly a fall back to the 13MA as support or ten dollars in the price. We will be leaving the bear channel of that is the case and will likely trade across to form a bottom.
Warning. Thus decision is two weeks away. We may see a downturn as a rise is priced in but higher rates are good for gold as a hedge against inflation. The price has been flat on the weekly in recent weeks so beware of this event.
I’ve started an fxbook for other traders to follow and copy my trades. Contact me for my handle.
Memorial Day today means no US session and NFP on Fri night
I’ve just started a $5 mill demo account. The number is 2000131046.
I’ll report the profit in a week.
within 2 minutes I saw $15,000 but the end result may be $ 1.5mill