How I made In May - 3392 pips and 98% Capital IncreaseHello All
I take great pride in developing my trading approach to enable me to achieve this (it was a great month that surpassed a 25% capital increase in April)
I hope that through publishing my trades, you have found them interesting, along with my Gold video from last week, giving an insight into my preparation before taking a trade.
In the pictures are two of my best May trades published which were:..
3 Short Entries on EURJPY which netted, 4.30% and 7.80% and 7.80% as well as 4 positions on AUDUSD which netted 2.50%, 10.67% and 1.50% and 1.50%.
I wait for high probability trades (based on my Trading Plan) to increase my win loss ratio and so when I do win, it does offset the losses.
Over May, I have published all the trades I have taken on Tradingview, which you can review at your leisure.
DuncanForex.com is now live where there is a welcome page to sign up interest for when the site becomes fully open (in about 2 weeks) where early subscribers will be eligible for a discount to my training courses.
On that welcome page is the summary of all the trades taken during May and April 2019.
Each trade risks 1% of the capital in the account and therefore the lot size varies dependant on distance in pips between entry point and stop loss location.
For example 1% could be risked over 81 pips, or 1% could be risked over just 12 pips.
Thanks for reviewing my trade ideas from May and if you have any particular questions, please comment in the relevant trade idea and I will answer them as quickly as I can
Thanks Duncan
DuncanForex.com
Howitrade
How I took a Long XAUUSD - GOLD position - analysis and reasonsHello all
I thought i would post a video of why i went long on Gold on the 28th May
I discuss within the video the following
Overall view on Gold
Long term fundamental views on USD and why it is weakening
Why I am looking to go Long (not short)
How i place support and resistance and importance of dynamic resitance lines (angular) as well as horizontal.
Why I entered when I did and how you could enter conservatively, or maybe less so.
Why the Take Profit target was where it was and how you could choose other targets.
It's my first video on Tradingview, however I hope you find it interesting.
DuncanForex.com coming in 2 weeks.
Thanks for watching my video.