|Gold Auto Trader|
We have all kinds of trades firing off this past week with this range bound condition we are seeing but that has also given us a huge opportunity to bank quite a nice profit of $1,880 on a solid week of trading with VERY strong stats and some massive trades to boot!
We have our largest winning trade coming back at a whopping $3,450 while the largest loss is back at $820. We have our average winner back at $834.29 along with the average loss way back at $330. This gives us a reward vs. risk average of 2.53 and a total profit factor of 1.47!
We are seeing an increase in trades at 2.38 per day on average as well as a decrease in hold times back at 69.5 minutes.
Of the 19 trades we have 7 coming in as winners and the other 12 as losses for a trade accuracy total of 36.84%.
With 7 winners coming in, 2 of them were back to back winners and of the 12 losses, 5 were consecutive to wrap up an VERY solid week of trading in this increased volatility condition the Gold market is expressing to us.
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