camerongill's Posts - Page 3

Gold Trader in Trading Systems Feb 13, 2020 at 00:00

Hello Followers,We have not seen a break above the recent trend-line on the gold chart so have revised the trend-lines to include a lower bullish trend-line...https://www.myfxbook.com/files/camerongill/gold_13_feb_2020.pngWhat I suspect is that we are going to see some channeling between these two lines and then at some point a break of either the upper or lower line. This break is building in momentum so when it does occur we can normally expect a decent break.The Gold Trader strategy (http://www.myfxbook.com/members/camerongill/gold-trader/3398307) tends to perform better when there is rangi...

TO GAIN at least 5-10% a month, every month. IS THIS POSSIBLE? in New Traders Feb 08, 2020 at 23:09

The key to 5%-10% per month in my opinion is...- STRATEGY: having black & white rules when to get in and out of trades- PATIENCE: not getting into trades for the sake of trading- TIMING: this includes avoiding volatile trading sessions- PSYCHOLOGY: not crapping your pants when the trades go against your position- ACCEPTANCE OF LOSS: knowing when you have the trade wrong and then taking time out to re-assess your strategy- RISK / MONEY MANAGEMENT: having lot size rules that are realistic- RESPECT FOR MARKETS: if the markets are not respected, they will not respect you

Show your profitable account here. in General Feb 07, 2020 at 23:24

http://www.myfxbook.com/members/camerongill/gold-trader/3398307Trading: XAUUSD, XAUEUR

Gold Trader in Trading Systems Feb 07, 2020 at 02:38

Hello Followers,We are at a delicate point on the gold daily chart.https://www.myfxbook.com/files/camerongill/gold_daily_trendline.pngThe major sell-off broke the bullish trend-line and the price has since come back up to the back of the broken line.What we now see is a tipping point between a bounce off the bottom of the trend-line to head much lower, or an alternative break of trend-line for continuation of bullish trend back up over the 1600 mark.Today (Fri) we have the Non Farm Payrolls and analysts are expecting an improving, which will put downward pressure on the gold pairs, especially ...

Gold Trader in Trading Systems Feb 04, 2020 at 23:54

Hello Followers,We have just had a huge sell-off on Gold and am sure some of the gold bulls out there would have had their fingers burnt.https://www.myfxbook.com/files/camerongill/Gold_sell_off.pngThe Technical people would be saying the bull run is over and with the daily trend-line break we can expect either a bounce off the back of the trend-line broken and then downside, or a continuation down after break.The Fundamentals will be saying it was a sell-off and bullish trend to continue.I am between the two at the moment and am waiting for a break above the broken trend-line back for normal c...

Gold Trader in Trading Systems Feb 01, 2020 at 08:49

Hello Followers,Sorry, I turned off the system early last week as I always do not trade on the last few days of the month. Plus we had the Brexit event that I thought could impact the markets. Also, I had a couple of days R&R so prefer to be around when the Gold Trader system is live to monitor.Will be cautious on Monday as Gold had a strong move upwards on Friday. Plus normally the first week of the month is a bit edgy in anticipation of the NFP.http://www.myfxbook.com/members/camerongill/gold-trader/3398307Last week we saw a nice bounce off the daily trend-line which is a good sign f...

Gold Trader in Trading Systems Jan 23, 2020 at 02:58

Hello Followers,Has been a sideways move over the last 2 weeks after that massive move up and consequent sell-off.You can see a new bullish trend-line formed and could see some bounces off this and then would expect a move back to the previous recent highs over coming months.One of the characteristics of Gold Trader is that it does not pick up on the big moves, just the small ones. Therefore on months where there has been a big move the returns are smaller whereas months where there is ranging, the returns tend to be higher.Feel free to get back to me with any comments, feedback or questions.h...

Gold Trader in Trading Systems Jan 14, 2020 at 10:52

Hello Followers,It has been a crazy end of December and start of January for Gold.We have seen an extremely strong run up to over $1600 and consequent sell-off back to $1536. The gap between $1550 and $1560 has now well and truly being filled.What I have found is that the Gold Trader strategy picks up more trades when the market is ranging or consolidating as the big moves are missed.https://www.myfxbook.com/files/camerongill/XAUUSD_Daily.png

Show your profitable account here. in General Jan 12, 2020 at 09:41

http://www.myfxbook.com/members/camerongill/gold-trader/3398307Trading: XAUUSD, XAUEURDirection: Buy onlyAutomation: 65% of tradesNumber of charts: 3 (2 x XAUUSD, 1 x XAUEUR)Rule: No trading on FridaysCondition: over-sold with trend reversal filter

TO GAIN at least 5-10% a month, every month. IS THIS POSSIBLE? in New Traders Jan 12, 2020 at 08:25

I believe it is possible and whilst I have only been doing it for about 7 months I feel comfortable in the strategy I have applied.There are going to be quiet months, such as December where I only made 5%, however things average out when you have the good months.My opinion is that the key is to have a defined strategy that is not affected by emotion or require interpretation (if X and Y, then Z type formula). The trade triggers need to be clear conditions so that you do not kick yourself after for getting into a trade when you shouldn't have. With my strategy I automated it using an online...

Post your XAUUSD Gold signs here in Experienced Traders Jan 07, 2020 at 23:22

I have a hybrid approach and have developed an EA for entry and exit (65% of my trades are system generated). My preference is to maintain the current strategy.I see you are running a demo account.

Gold Trader in Trading Systems Jan 07, 2020 at 12:10

Hello followers,Sorry for the gap in trades. Todays trades were the first for over a week (which has included holidays).Gold Trader is designed to pick up over-sold conditions and gold over the last week has shot up over $100 without triggering a trade.Fortunately a trade came up today and the gap from Monday morning open was partially closed.Will wait to see how the rest of the month plays out. The situation with Iran/US has seen a lot of money move from currencies to gold (as a safe haven). Plus December, January, February and August are historically good months for gold.Thanks for your pati...

Post your XAUUSD Gold signs here in Experienced Traders Jan 07, 2020 at 08:13

Hey there, gold has been a rocky ride lately, see how it picked up over the weekend. In the last week it has gone from 1470 to 1570! 6 year new high, so looking good for the yellow stuff... I did not get the long trade on this as my conditions were not met.

Very tough business. in General Nov 20, 2019 at 12:08

They say that trading currencies is of one of the hardest and most stressful professions!I tried for a while and then packed it in and moved to trading spot gold, whilst it is still unpredictable, it is not as volatile as forex.I think with forex the main people who are making money are the brokers and the top 1-2% of traders. Still, look on the positive side, there are a heck of a lot of worse hobbies to have out there! When trading you are keeping up with economic announcements and learning about fundamentals whilst testing technicals. Plus there are other ways to make money from forex, not ...

Any Gold Trader Here? in General Oct 27, 2019 at 23:20

Hi there, my strategy is gold only, I did have a few silver trades earlier on however found silver to be more volatile and less predictable. My strategy is 60% automated and 40% manual. I have written in closes however tend to close manually.

Making 15 to 20% profit every month !!! in New Traders Oct 08, 2018 at 10:52

My thoughts are that it is hard to maintain 15-20% month on month.I started with a good run and then found biases in market changed and even though I maintain the same trading rules the number of trades that come up have been far fewer in last 2 months.I think the case is that traders have a couple of good months, then they have the quiet months, and then they change their approach to capture more trades and this is where things can possibly go bad.Plus a trading strategy that works today with probably not work 6 months from now without improvement and performance tuning.Personally I don't...

Show your profitable account here. in General Sep 04, 2018 at 07:19

Am not sure what happened with the rule about posting results with sufficient history (3 months +) and draw-down less than 40%.What is the first thing that people look at when evaluating other people's results? Is it the draw-down, is it the monthly returns, is it the total returns or is it the consistency of the returns graph gradient? Personally I think of it like a journey from point A to point B. You could take a high powered death-trap of a car with limited safety features and excessive horse-power or your could take a reliable family car that consistently sits on the speed limit, so ...

ThinkMarket broker in General Sep 02, 2018 at 23:44

Hey there, I am in Australia and have used ThinkMarkets broker and used for a year or so.If you are regulated in Australia then there are requirements around reporting, reserve funds, & management of funds. To get an AFSL does cost a lot of money (AUD$250,000 +) which means that backyard operators cannot afford to gain regulation. I suspect that if a broker went belly up, then Australian clients would receive preferential treatment over international clients, however am not 100% sure of that. You will also notice that Aus brokers are adopting some of the new European practices such as ...

Is it possible to find serious investors on myfxbook? in General Aug 30, 2018 at 09:32

What on earth are you going on about? I have never complained to Myfxbook nor said anything about you being abusive. Get your facts straight before you post such nonsense. I was not promoting nor affiliated with the link I posted and stated that. My point was that rather than trading your own money or others directly, there are funding services out there that take a % of profits.

Is it possible to find serious investors on myfxbook? in General Aug 28, 2018 at 23:51

Also, regarding previous post, I am not affiliated or associated with the provided link in any way.I have been considering signing up but not actioned yet.

EURUSD	1.04062	GBPUSD	1.26024	AUDUSD	0.62174
USDJPY	150.549	USDCAD	1.44362	USDCHF	0.9011

Posts by camerongill