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Ian Ngonda's Page

Profile Information

About Myself
A five year day-trader situated in Kenya. I trade for a living.
Trading style
Day-Trading
Current Broker
Alpari NZ

Ian Ngonda's Blog

XAU/USD 13 Feb 2012

Posted on February 12, 2012 at 8:11pm 0 Comments

Last week was good for me and Im looking forward to the new week. I actually took one last trade on Friday evening and that went well too, a long order.

Thing is, I know i'll be wrong once in a while, but I just can't help but marvel at golds ability to respond to price levels and the big moves following that.

Okay, here is Friday's chart. I have no open positions and I might not trade until the US session. Nice week everyone.…

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XAU/USD 10 Feb 2012 85 pips (340 total for week)

Posted on February 10, 2012 at 1:08pm 3 Comments

I have manually exited my short trade on Gold vs Dollar at the 100 support as can be seen on the chart. If we get a trigger candle I will enter long and look at 61.8 for TP and we if we get a break of the support I'll short and look for the 161.8 level for TP…

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XAU/USD 10 Feb 2012

Posted on February 10, 2012 at 10:16am 0 Comments

Yesterday the day toped out and I took a short trade at the very top and managed to bag another 180 pips. I got out at the 61.8 level. Turns out I was wrong and it seems that the instrument has broken all the lines. I am short looking at the 100 line to take my profits. My stop is just above the point where the trend line crosses the 61.8 level…

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XAU/USD 9 Feb 2012 174 pips made

Posted on February 9, 2012 at 3:30pm 3 Comments

Okay, Im done for the day! See you tomorrow.

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