The EA strategy utilizes 15 types of currency commodities. The entry and exit mechanism employs a self-created moving average support and resistance logic. This strategy requires some space to wait for the market to reverse. It primarily uses small lot sizes and low-frequency operations to control risk. Since the entries are made at key support and resistance levels, combined with the characteristic that forex cannot rise or fall indefinitely, the profit potential is quite stable and good! Drawdown: Approximately 13% Varieties: 15 types of currency pairs against commodities Risk Control: 0.02 lots per 1000 principal (equivalent to 2x leverage), low and controllable risk. Positions are usually closed at a profit or break-even. If more than two orders are entered for the same commodity, profits and losses will be calculated together.

On Thursday (August 29), gold prices reversed Wednesday's (August 28) decline and returned to record highs, as the US dollar recovered from a 13-month low and was driven by strong expectations of a Federal Reserve interest rate cut in September. "The expectation now is that the gold market may move sideways at least until the next Fed meeting, but there does seem to be a strong floor of support in the gold market due to geopolitical factors," said one analyst. Spot gold rose 0.65% to close at $2,521.03 an ounce. COMEX gold futures rose 0.67% to $2,554.70 an ounce. Operation suggestion: the lowest gold daily line to the position of 2503.2 after the market strong pull up, the highest reached the position of 2528.8 after the market, the final line in the 2521.1 position after the market with a mountain shadow line is very long in the sun line, and after the end of this form, the day line strong washing state, but the cycle break is not far, the point. Trading strategy: long near 2506, stop loss 2501, target 2521-2550.

Think of your forex trading account like a piggy bank. You wouldn't put all your money in there, right? The same goes for forex. A good rule of thumb is the 1% rule. This means you only risk 1% of your total account balance on a single trade. For example, if you have $1,000, you wouldn't risk more than $10 on a trade. Why is this important? Protects Your Money: It limits your potential losses, so you don't lose everything in one bad trade. Manages Risk: It helps you stay disciplined and avoid impulsive decisions. Another tip: Don't put all your eggs in one basket. Spread your money across different currency pairs. This way, if one pair doesn't perform well, others might. Remember, forex trading can be risky. Always do your research, practice, and only invest what you can afford to lose.

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