Live Price Action Day Trade Gold +1230 Pips Profit | Dec. 10th

Hello Traders,

Just wanted to share a live price action day trade I took on Gold, a long which was closed just $1.50 off the London session high for the day.  See chart below;

live day trading price action gold + 1230 pips profit 2ndskiesforex.com dec 10th

Total profit on the trade was +1230 pips for an almost 4x reward-risk play.  Thus for every 100pips I risked I gained around 400 pips.  

This trade was done using a rule-based system from my Price Action Course which occurs on a daily basis across multiple pairs and instruments.  I am actually looking to get long again soon if the pair hits my price.

If you were sitting on your hands waiting for a cherry A+ setup that never came, then you are missing high probability price action trades that occur everyday, many of which offer 3, 4 and 5+x reward-risk plays.

Food for thought, and good trading to you all this week!

Kind Regards,
Chris Capre

 

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Hi, I'm Chris Capre, Founder of 2ndSkiesForex. I've turned $3,000 into $83,000 in my first 6 months of trading. I'm a verified profitable trader and trading mentor. I help traders of all levels change the way they think, trade and perform. As a professional trader, I specialize in trading price action and the Ichimoku cloud. As a trading mentor, I have one goal: to change the way you think, trade and perform using 18yrs of trading experience and cutting edge neuroscience to wire your brain for successful trading. Want to improve your trading edge and mindset? Check out my trading courses here.

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  • Tom

    Hi Chris

    Really nice trade you have.
    I wish i could learn to trade like that.

    Keep up the good work.

    • Hello Tom,

      You can learn to trade like this, there is nothing stopping you and I teach these same methods in my price action course. One of my top students almost grabbed the same trade on his own, profiting over +940 pips, so if he can do it, so can you.

      Kind Regards,
      Chris

      • Ioannis

        As i can see to the chart you got long at the small piercing line.Ho did you decide for the 300 pips stop loss?It didn’t hit for less than 30 pips as i see it.

      • Hello Loannis,

        I actually did not base this trade on any piercing line.

        But if you look at the chart closely, price dipped over $3.00 which is 300pips in gold terms, whereas 30pips would be .30 which is quite different and happens in a second. I placed my stop where I did based on my system and analysis, which ended up working out to be correct, because if I did do a 30pip stop, I would have been stopped out on the next candle.

        Anyways, hope this helps.

        Kind Regards,
        Chris

      • Ioannis

        I didn’t say why you don’t set your stop loss 30 pips down!I said that it didn’t hit your stop loss for about 30 pips.How did you contrive it?
        Congratulations.

      • Hello Loannis,

        Ahh, thanks for the clarification as I misunderstood. Part of the reason I set my stop was the price action system I was using, and part of it had to do with support and resistance levels.

        Hope this helps, but thanks for the positive comments.

        Kind Regards,
        Chris