Sakalam FxTrader

01/08/2025

XAUUSD Buy entry : 3290.29 - 3287.25
TP : 3295.29
SL : 3285.25

31/07/2025

XAUUSD sell entry 3295 - 3297
TP = 3290
SL = 3299

30/07/2025

XAUUSD Sell entry 3329-3331
TP = 3324
SL 3333

29/07/2025

XAUUSD buy limit 3312.4 - 3313.7
TP1 = 30pips
TP2 = 50pips
SL = 3310

28/07/2025

XAUUSD buy limit at 3334.5 - 3335.71
SL = 3331
TP1 = 30pips
TP2 = 50pips

25/07/2025

XAUUSD Target sell area : 3386.52 - 3391.53
TP @ 3336.71

cheers!

24/07/2025

XAUUSD until 3350 then up????

20/07/2025

29/06/2025

The most profitable strategy in Forex trading depends on your trading style, risk tolerance, and market conditions. However, some of the most consistently profitable strategies used by professional traders include:

1. Price Action Trading (Best for All Markets)

Focuses on candlestick patterns, support/resistance, and trend analysis.
No reliance on indicators—pure price movement.
Works well in trending and ranging markets.
Example: Pin Bars, Engulfing Patterns, Inside Bars.

2. Breakout Trading (Best for Volatile Markets)

Enters trades when price breaks key support/resistance or consolidation zones.
Works best with high liquidity (London & NY sessions).
Example: Triangle Breakouts, Channel Breakouts.

3. Trend Following (Best for Strong Trends)

"The trend is your friend"—trade in the direction of the dominant trend.
Uses moving averages (50 EMA, 200 EMA), ADX, or MACD to confirm trends.
Example: Moving Average Crossovers, Pullback Entries.

4. Scalping (Best for Fast Profits)

Takes 5-20 pips per trade with very short holding times (seconds to minutes).
Requires tight spreads, low latency, and high discipline.
Example: Liquidity Pool Scalping, Order Flow Scalping.

5. Carry Trade (Best for Long-Term)

Profits from interest rate differentials between currencies.
Buy high-yielding currencies, sell low-yielding ones (e.g., AUD/JPY).
Works best in low-volatility, bullish markets.

6. Algorithmic & High-Frequency Trading (Best for Institutions)

Uses automated bots, arbitrage, and ultra-fast ex*****on.
Requires advanced programming skills (Python, MQL4/5).
Most Reliable Strategy for Retail Traders?

Price Action + Trend Following (Combined with proper risk management).
Risk-Reward Ratio: Always aim for 1:2 or higher.
Win Rate: Even a 50-60% win rate can be profitable with good risk management.

Key to Profitability:

✔ Strict Risk Management (Never risk more than 1-2% per trade).
✔ Emotional Discipline (Avoid revenge trading).
✔ Backtesting & Optimization (Test strategies before live trading).

28/06/2025

In forex trading, a flag pattern is a continuation pattern that usually forms after a strong price move (called the “flagpole”). It then consolidates in a tight range before continuing in the original direction.

There are two main types of flag patterns: bullish flag (for upward moves) and bearish flag (for downward moves).

Here’s a summary of the most profitable flag variations that traders look for — note that no pattern is guaranteed profitable, but these are widely used because they can offer good risk-to-reward setups:

⸻

✅ Bullish Flag Patterns

1. Classic Bullish Flag
• Strong, nearly vertical upward move (flagpole).
• Small downward sloping or horizontal consolidation (flag).
• Breakout above flag resistance signals continuation upward.

Key points for profitability:
• Enter on breakout above the upper trendline.
• Stop loss just below the flag’s low.
• Target = length of flagpole projected from breakout point.

⸻

2. Bullish Flag with Horizontal Flag
• Instead of a sloping flag, price consolidates sideways.
• Often indicates strong underlying momentum.

⸻

3. Steep Bullish Flag (Shorter consolidation)
• Very shallow pullback after a strong impulse move.
• Higher chance of quickly resuming upward trend.

⸻

✅ Bearish Flag Patterns

1. Classic Bearish Flag
• Sharp downward move (flagpole).
• Consolidation sloping upward or horizontal.
• Breakout below the flag’s support indicates continuation down.

Key points for profitability:
• Enter on break below lower trendline.
• Stop loss just above flag’s high.
• Target = length of flagpole projected downward.

⸻

2. Bearish Flag with Horizontal Flag
• Consolidation moves sideways after sharp decline.
• Can be a sign of strong selling pressure building up.

⸻

⚡ Tips to improve profitability with flag patterns

✔ Always confirm with volume — ideally, volume should decline during the flag and rise on breakout.
✔ Trade in the direction of the larger trend (trend continuation).
✔ Use other tools (momentum indicators like RSI, moving averages) for additional confirmation.
✔ Manage risk carefully — flags can fail, so stop-loss is crucial.

⸻

16/06/2025

Changing brand names: