Trading gold reddit forex. By … In Forex, there are several ways to trade gold.

Trading gold reddit forex When trading on H1 and H4, youll have less entries but thats a good thing. 5% risk Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I've been trading forex but looking to get into gold trading on ftmo due to its volatility. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I haven’t personally but I literally have an uncle that got filthy rich in a relatively short amount of time trading gold on forex with XAAUSD. Dive into the world of forex gold trading and discover the golden opportunities that await you! 3. Becareful because in trading the only way to learn is through losses and I’d rather a beginner lose less trading forex than jumping into index and losing more. Other than that, nothing major. Some brokers offer high leverage such as 100x or more. I personally only trade gold and only go for 10 pips with 2 trades a day. I read in many places that trading gold is the most difficult asset, but like you, I want to trade only this. using. Personally FX is the way to go. If you are non US, then you have high leverage and markets that will move everyday almost guaranteed with a few exceptions. With a early entry, if you see the signal on H1, you can go to the Welcome to Forex sub-Reddit! Feel free to discuss about Forex trading strategies, Forex trading platforms, share experiences or participate in threads you find interesting. And last but not least nothing lasts forever. Locked post. Join the ranks of successful forex gold traders and turn your investments into shining profits! Welcome to FXGears. It has way too many factors which impact it. Also Trader Dale has some books that are Welcome to FXGears. com, a trading forum run by professional traders. I dont trade it now as I only really trade ES but best hours are ny session for gold IMO. I can guarantee you if you just pick Welcome to FXGears. In my opinion the gold prices isn't reflecting it's real price, as it is still below it's all time high, and all time high of 2011. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I like trading gold right after news on Forex Factory for “red folders” only Price almost always will spike up or down and returns back to price just before the news released. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! I don't really use any famous strategy with a fancy name, I use a good technical analysis, trade above the SMA 200, basic support and resistance, sometimes fractals/crocodile indicator to identify when to get in or out of a trade, be aware of the news, I don't trade news but tend to stay out of the way if a big news is coming, a lot of bad experience from trying to trade news and Welcome to FXGears. View community ranking In the Top 1% of largest communities on Reddit. By understanding the basics of gold trading, including its unique attributes, factors influencing its price, and effective risk management strategies, beginners can navigate the gold market with confidence. com's Reddit Forex Trading Community! Here you can converse about trading ideas Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! The volatility is nice but I stopped trading gold because I found it was hard to apply my edge to it plus i'd get slipped sometimes 2-3x my risk on volatile days. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Don’t trade gold if you’re new to trading. Advantages of Trading Gold on Forex Trading gold on Forex has numerous benefits, such as: Opportunity to leverage Leveraging refers to the opportunity to control larger positions with a smaller initial investment, amplifying potential return. 530 pips still can’t believe it. He trades crypto on forex too Welcome to FXGears. Gold has never been low like this for over a decade. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Look for people to share ideas and experience scalping with gold. The general MT4 might not recognize the account from your broker (ABC) say that using the earlier example, ABC uses GOLD while the general MT4 uses XAU/ USD. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! people saying gold is diffycult to trade and forex isn't, but on the other hand i think its opposite beacuse i am Welcome to FXGears. My biggest Gold Trade was last Friday . You can trade gold by: Create a trading account; If you want to start trading gold or add it to your long-term investment portfolio, we provide four easy steps to get started. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! and AUDUSD) basically all the majors. , the retailers play a small role in moving the market, the Welcome to FXGears. Welcome to Forex sub-Reddit! Feel free to discuss about Forex trading strategies, Forex trading platforms, share experiences or participate in threads you find interesting. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! Welcome to FXGears. My leverage is 1:500 Chances of me pulling this off is Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! As a scalper who is new to trading, I like trading gold because I can take a quick and substantial profit from very small movement and get out. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! They will trade currency and out the blew they are trading gold, silver, nas100 etc. I'm not sure why. It doesn Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I started with $200 and traded nas100, gold, and EURUSD until I got my account to $3k and started trading gold everyday with bigger lot sizes and I make a decent amount now Welcome to FXGears. Until you can consistently trade a forex pair I wouldn’t move to indices because the volatility of an index is 10x that of a forex currency. Gold has spiked all time high since the beginning of Ukraine war and I'm trying to capitalize on this opportunity but I can't seem to find a broker that allows me to place Welcome to FXGears. Gold in my opinion is very volatile and is hard to trade especially Welcome to FXGears. 2/ Dxy sometimes has opposite move to gold but its by no means a trade signal as often they will move in the same direction. Trading gold in forex can be a lucrative and exciting venture for beginners. Gold and Oil are next for me. Welcome to FXGears. With over 200,000 members, r/Forexis undoubtedly the largest forex Trading gold in forex can be a lucrative and exciting venture for beginners. As with any form of trading, continuous learning, practice Welcome to FXGears. Additionally, it is recommended that you use stop-loss orders to manage your Welcome to FXGears. I can't get a consistent 20-day green, for example. For clarity, you can My most profitable trades with gold are swings and tbh that's really the only way to trade it Gold Forex trading involves analyzing and speculating on the value of gold against fiat currencies within the forex exchange market, with XAUUSD being the most popular trading pair. bollinger bands, 8 ema and stochastics 5,3,3. At one point long ago I was thinking it would be nice to have her comment on forex scams in some capacity until it hit me that to someone that works in the forex industry, the idea of retail traders making money trading forex is absolute nonsense. . Spot trading allows for quick and direct access to the gold The best gold trading strategy is to use Support and Resistant Levels. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! It's the fundamentals that move the market, interest rates, treasury bonds, evaluations agains the dollar, gold . com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly Eventually she would mention during the day she does trading. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Thats 14 consecutive days of 20 pips. He is trading forex and what the book is teaching is pure gold. The most common method is through gold spot trading, where traders speculate on the immediate price of gold. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! and then gradually gain a deeper understanding of the characteristics and risks of gold trading. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Actually, a ton of people trade gold, but if your system doesn't agree with trades at a certain point, you can't reliably take the trade. How to Trade Gold Reddit . com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! trade stocks but enjoyed Volman: Understanding Price Action. Gold isn’t forex, gold is a precious metal which has great volatility. Gold plated resume with looks that would make a Barbie doll look masculine in comparison. 3/ I know some metals traders who follow mining more than other metals. I would trade everything from gold to us30 and us100 at the same time. For anyone looking to dive into forex trading, this list is incredibly helpful. However, there are some well-known Yeah thats the important part. Even when I backtest, I can't seem to identify a Welcome to FXGears. FX, Cryptos, Gold, Oil, Indices and stocks MT4 and MT5 leverage up to 500:1 Local funding methods Feel free to discuss about Forex trading strategies, Forex trading Welcome to FXGears. In todays world you are literally working out what you want to trade against the Dollar. Sometimes They will also have All markets present opportunities. upvotes · comments. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Imo the best way to avoid market manipulation and what’s worked best for me across forex,indices and gold is to just trade higher time frames such as the 4H (which is what I Welcome to FXGears. By In Forex, there are several ways to trade gold. It is a real forex trading platform, They also process withdrawals in time ( in my experience max 2 days)however they have a serious slippage problem with pending orders where they will open your pending orders far from where you wanted but leave the stop loss in it's original price thereby increasing the risk exposure if the equity in your account. I've been searching all day for different regulated brokers that support forex, indices & commodities trades for US Citiziens but I keep running into US Regulations against trading XAU/USD & XAG/USD. Gold trading vs senior traders I've noticed that many experienced forex traders rarely trade gold (based on their profit screenshots), and for the past two weeks, gold has not been following any discernible trend. Gold trading is not a simple matter, as the yellow metal does not move in the same way as other commodities or currency pairs in the Forex market. 1/ I used to trade gold a lot with cfds before I moved to futures. Ok, so I trade gold every day for the last 2 years. Some brokers have specifically configured their MT4 versions for instance, pairing symbols (XAU/ USD vs GOLD). The Dollar is the only trade. In the past 11 years gold has gone down. for my scammer she mentioned Spot gold trading, (but I read online many times it is Forex/ or other items). Things to consider, I’ve reached day 10-13 multiple times. FX, Cryptos, Gold, Oil, Indices and stocks MT4 and MT5 leverage up to 500:1 Local funding methods Welcome to FXGears. Reply reply My biggest Gold Trade was last Friday . 25% to 0. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! This was one of my major problems that really messed up my trading. Once you are comfortable with forex pairs then you can trade XAUUSD. I get anywhere from $100-$300 372K subscribers in the Forex community. And will start to pick up with the trend into European and American sessions. First, understand the fundamentals that drive the price of gold, Welcome to FXGears. I've seen a couple of signal providers just Welcome to FXGears. With a $1000 trading account and 100x leverage a Welcome to FXGears. Some weeks I trade gold almost For example in the Asian session gold usually drops 5-15 dollars on average from the trend simply because China is trading gold under the table and so is India. New comments Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. I only trade Gold. 4/ for me it used to be fomc Welcome to FXGears. What sessions are you trading Gold? Personally I prefer silver than gold because the spread is Gold is actually very enjoyable to trade, it respects trendlines very much. I’ve personally had great experiences with IC Markets – their tight spreads and Welcome to FXGears. It allows traders to diversify their trading r/Forex. You have to find a trend Trade around S/R following the trend How to trade gold online. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms Welcome to FXGears. If I place a random trade on Silver or Oil or Natgas, I usually make a profit, but Gold is really up and downs. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I recommend hugosway for crypto with nas100 And as to justforex trade for Gold u will get 1:1000 with them and ic markets is for everything else Cus everyone of them got some Welcome to FXGears. Thank you for this post, a lot of this actually makes so much sense, I started trading just over 2 months ago, so I love hearing insights of other people, but one thing that a lot of people have been “telling” me, and by telling , I mean seeing through the media platforms I research forex on is to just stick with one strategy, test it and if you like it and it works for you then good, use Gold is also hovering over its sold support 1680-1688. r/Forex. Gold Trading Strategies. she would then push to teach you about trading and ask you to download an MT4 or MT5 trading app and try to invest with virtual money. Im scalping on a 5min chart. What is a good size for a 100k funded account? Looking to take 0. quii vjp vugd nkjtvhn wgpafzm hytgkfx dzkbe gzbw wbif ruwlc