Today Gold moved nicely to the downside, printing beautiful red candle. AUDCAD is still ranging, getting ready for a break.
Last few days market did not present many opportunities for our strategy. Patiently waiting for a next move. No changes to EA settings, no new orders added to Gold either.
Today markets were pretty calm. Most open positions on Gold were closed by stop with profit. Positions fully hedged now, pending where Gold decide to move next. Also, adjusted EA for currency account to get it working harder on small moves and start taking small profits regularly if we stay in this tight range for some time.
Today gold moved higher triggering our stops and taking some profits. Currency account stays pretty much flat, pending trend development over next few days. Added currency account to myfxbook.com to build track record on a side for convenient real-time view.
Today markets were pretty much flat all day. Quick review to make sure everything is up and running. No new orders were placed and no changes to EA made.
In this video I have opened one more account to trade currency pair AUDCAD on MetaTrader 4 platform. I’ve picked this particular pair as both are commodity currencies and do range and overlap a lot on all timeframes.
We will be utilizing more advanced version of the code specifically written for MT4, that can be used for many different brokers that offer accounts on MT4 platform. This code is quite flexible and can be adjusted according to market conditions and instrument that is traded. As I record more videos I will be showing EA code in action and explaining its algorithm.
You can access new account with Investor (read only) credentials to see trades in real time.
Username: 2670908 Password: ll3mvgi
Today account equity showed 2.4% gain since we’ve started trading Gold. Midterm rising support channel was broken. Expecting Gold to drift lower now. Moved stops to 1239, will keep riding this trend and see how much lower it can get.
Today we have restarted TradeStation account and Automated strategy after weekend market close. First day showed equity gain over 1%. Added new orders, some profitable open positions were automatically protected. One position was closed on profit last week.
If you would like to access account to see trades in real time you can login with investor (read only) account.
Username: 2667546 Password: rgy4vrg
Today we will open demo trading account with FXCM broker to trade Gold on leverage. Please, watch the video that shows step by step how to open account, do some basic operations, upload and start Expert Adviser for automated trading, etc.