*TEMPORARY UPDATE* Marketmakers are pretty successful in raising panic among SELLers of XAUUSD, they aim to get rid of excessive amount of traders shorting this pair. The sooner majority of traders catch S/L or start buying - the harder XAUUSD should fall. Right now there is a strong short-term SELL signal down to 1240-1242 level. But afterwards can be two scenario. Either break bottom and go down to our T/P. Or bounce up to 1255-1260, then eventually down.

P.S. You can notice big deposits on my account. These are investor's deposits (I dont control this). I know that actual drawdown on account is bigger, but nobody should deposit their funds! Money management is calculated basis initial balance to ensure all subscribers have sufficient equity.


*TRADING STRATEGY*


This medium-term trading strategy is based on indicator analysis. Key pairs used for trading are as follows - XAUUSD, USDJPY, EURUSD. Trade strategy does include hedging and averaging. No martingale is ever used. Floating equity (both positive and negative) drawdown 10-20% is an absolutely normal situation. Basket of orders for each pair is closed within 1-3 weeks. Occasional intervention based on technical analysis during calm and predictable market is also used.



*REQUIREMENTS*

Recommended deposit amount - 1000 USD. Recommended Brokers that offer big leverages, preferable 1:500.


*FOR AGGRESSIVE TRADING*

When trading aggressively on my private accounts, I keep ratio 0.01 LOT per 300-500 USD (same would allow to increase profitability by 2-4x times, in comparison with this signal account). This is PAMM account (you can see deposit changes on balance chart), therefore low risk trading is used here.



*ATTENTION*

(!) In order to increase profitability of trading system, I would recommend rebate services that compensate part of broker's commission (spread). You will easily find the most reliable of them using Google search engine.

(!!) This account uses up to 50% of equity. Please keep in mind that neither of numerous Forex systems will guarantee safety of your deposit during force majeure on markets. Occasional losses are simply part of Forex trading. Instead of hopelessly trying to avoid such losses, the key strategy to profitability - is to diversify trading activities within several brokers and to use multiple trading systems. Kindly make sure you distribute your funds among several signals and signal providers.

(!!!) Regular profit withdrawal is crucial part on the way to overall profitability. Regardless of whether you decide to reinvest your funds in other Signals or to transfer them to your bank account, please make sure to withdraw your profit regularly.