I trade a reversal breakout strategy with buy stop above the price range and sell short stop below. I use 1 lot per 50K on my personal account. The live trading results (as of 30 September 2014): 2008 +49,16% 2009 +19,59% 2010 +56,43% 2011 +84,55% 2012 -34,75% 2013 +9,84% 2014 +14,72% The negative 2012 is the result of my decision to get rid of short entries. The following bearish trend brought my account to the drastic -72,40% drawdown and I had to restore short entries. Hard lesson to learn. The history test shows the performance with one fixed lot and 100K initial balance.
the gold price is consolidating around the year average, forming the triangular with its base level at 1200. I hope the bull will go out of its cage.
2014 +17,67% This year proved to be very hard. I decided to suspend trading and have some rest. Hope to return soon