Today is the last trading day of July. This account started trading with 20U of Japanese gold on July 5th, and now the principal is about 500U. The position has been held for 15 days. Although the profit is not much, it is stable, and a steady flow is better in the long run. Technically, the market shows a slight bullish trend because there is a single bullish line on the monthly chart. At least 2 to 3 peaks need to be made on the weekly chart before a bearish line can form.
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Today is the last trading day of July. This account started trading with 20U of Japanese gold on July 5th, and now the principal is about 500U. The position has been held for 15 days. Although the profit is not much, it is stable, and a steady flow is better in the long run. Technically, the market shows a slight bullish trend because there is a single bullish line on the monthly chart. At least 2 to 3 peaks need to be made on the weekly chart before a bearish line can form.