|Gold Auto Trader|
This has created a relatively nice environment for the TREND Auto Trader to trade within and bank us a very nice profit over the week of $820 as Gold creeps its way around this current range it appears to be consolidating in.
The largest trade came back at $630 while the largest losing trade was back at $300. We also have our average winning trade coming in at $318 while the average loser is at $192.50. This gives us a reward vs. risk average of 1.65 and a total profit factor of 2.06!
We are seeing an increase in trades taken at 1.50 per day on average but the hold times have decreased to nearly half at 83.3 minutes on average.
Of the 9 total trades, we have 5 coming back as winners and only 4 as losers for a trade accuracy total of 55.56%! With a profit factor of 2 to 1, it isn't very difficult for the TREND Auto Trader to do well in these markets!
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