[Mihaly Kriminal]

It may be the first trade of the new year.

[Samuel Junghenn]

Nice, what’s the trigger?

[Mihaly Kriminal]

My strategy is more complex.
The main part of the analysis can be seen in the picture, but I also use indicators for entry.

[Mihaly Kriminal]

2 positions opened.

I need to practice reducing risk and to running profit.

[Mihaly Kriminal]

Ok, I have my daily profit target. About 90 pips.
I do not give it back.
I look for a new entry.

[Mihaly Kriminal]

[Mihaly Kriminal]

The first trade was automatically closed by the system because I opened it manually and placed a stop only a few seconds later (this is not a very good rule for fast entry).
Then I followed the movement with 3 trades.

[Mihaly Kriminal]

Gold
… at resistance.

[Mihaly Kriminal]

I made my daily profit target.

What do you think?

What is better for you: to make enough profit quickly, to realize and to wait for the next entry, or to hold the position until a bigger profit target?

[Samuel Junghenn]

Holding the position until one of the exit criteria is triggered.

[Mihaly Kriminal]

fast
real time
entry..

[Mihaly Kriminal]

It reached finally the first profit target.

[Mihaly Kriminal]

Trading idea for next weeks

[Mihaly Kriminal]

[Mihaly Kriminal]

The technical analysis has failed now.
I made some small trades, but the big movement didn’t start despite the good US news…
Perhaps because the market was waiting for good AUD news, which arrived today.

[Mihaly Kriminal]

[Mihaly Kriminal]