Gold Trader (by camerongill) Quick Stats
Gain: +173.99%
Drawdown: 13.12%
Pips: 28377.0
Trades: 266
Won:
Lost:
Type: Real
Leverage: 1:400
Trading: Unknown

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Gold Trader Discussion
camerongill

Member Since Aug 16, 2011  63 posts BankingOnBullion (camerongill) Jan 07 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 patience folks and all the best,

Cameron

from the developer of the Gold Trader trading strategy...
testes5

Member Since Oct 14, 2019  2 posts testes5 Jan 08 at 13:53
hello

any possibility to direct copy your trades?

brgds
tomas

camerongill

Member Since Aug 16, 2011  63 posts BankingOnBullion (camerongill) Jan 14 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.




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from the developer of the Gold Trader trading strategy...
camerongill

Member Since Aug 16, 2011  63 posts BankingOnBullion (camerongill) Jan 23 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.



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from the developer of the Gold Trader trading strategy...
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.