need help identify what is this strategy

Hi all..


i need help from you all here find out what is this entry/exit strategy. this account is friend of mine and he gave it to some expert trader and claimed able to make 100% or more every month.

this is LIVE ACCOUNT. not demo

Market is GCZ9 (Gold - COMEX)

His platform server time zone : Central European Time (CET) - What's the time in Central Europe now?

Date : 12 October, 2009

Platform Entry Time - 14:48
Platform Exit Time - 15:56

Position : LONG
Entry Price : 1053.8
Exit Price : 1056.9


- i have included the exact entry and exit chart with green & red line, i also circled theres a bullish candle probably it could be the trigger point. but its just my personal opinion.

Pin bar/hammer at extreme price level?

HawkTrader said:

Pin bar/hammer at extreme price level?

Click to expand...

not sure.. but probably..?

this is another position has taken earlier, with profit. watch clearly the vertical and horizontal line, thats where entry and exit.

Err, isn't that the same chart?

HawkTrader said:

Err, isn't that the same chart?

Click to expand...

same chart, yes. but look carefully at the entry & exit time its another position. i will post each chart for each entered position.

another trade.