Gold – Long Green PTS signal have been good
1506 was our last long signal on the PTS and currently trading at 1581 so we are locking in these profits.
The reason we are locking in these profits and trailing our stop order is because we have what we call a 2-wave short divergence. The Storyteller signal’s these for you automatically so you don’t need to guess if there is this pattern. Gold has been good to trade, but we do need to break out of this range we are seeing. The Weekly chart and the PTS combination are very profitable indeed and as we update the charts, we are still green. Green is all about being long but with profit targets met we need to manage the trade and make sure we don’t give any back. Gold has been a great trade and if we do end up seeing short red signals on the PTS we will short it.
The Pro-Trading System gives us the signals so we as traders just have to follow it.
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These trading results are based on the latest signals from our Pro-Trading System up to the 4th June On the right is the pips profit (P/L) So the top fx pair is the AUDCAD. This is making 262 pips profit. At £5 per point in a spreadbetting account that's £1,310...
These trading results are based on the latest signals from our Pro-Trading System up to the 1st May 2020 Take the First Step Toward Your New Trading Career Lee is qualified at The Society of Technical Analysts, having passed his MSTA and CFTe with flying colours....
So we shorted the 60 minute chart with the Pro-Trading System for over 100 points profit GBPUSD had the weekly Trend Predictor short signal so now we shorted the Pro-Trading System when it signaled red on the 60 minute chart for 140 pips profit GBPUSD 60...