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Note:
NEVER be afraid of cutting a trade. You're in these markets to buy and sell stock, think of it as a shop and you're trading goods. If it doesn't look good, goes out of date, doesn't look like it's going to be a good investment cut your losses early. Where you take a 20-30pips stop loss you'll make 50-60pips on another product
NEVER be afraid of cutting a trade. You're in these markets to buy and sell stock, think of it as a shop and you're trading goods. If it doesn't look good, goes out of date, doesn't look like it's going to be a good investment cut your losses early. Where you take a 20-30pips stop loss you'll make 50-60pips on another product
Knights of Gold (Gold/FOREX Analysis/Trade ideas)
To add: As per the report. We're getting that move again into the support region, if this breaks below now we'll be looking lower for the pre-event range to start.
CPI today, wouldn't long now. The bounce gave 50-70pips but nothing sufficient. Price is currently trying to break with support at key level 2170
GOLD - Bias levels smashed! Let's add some more to the mix BOOM!💥
The levels don't lie:
We have to learn the behaviour of the market makers, the price action and the structure of the chart. I need you guys to remember this, "the market will always give you an opportunity, either to get in, or to get out". Levels don't lie, price needs to create structure and fill voids, it needs to test price points almost to see if it likes it or not
We have to learn the behaviour of the market makers, the price action and the structure of the chart. I need you guys to remember this, "the market will always give you an opportunity, either to get in, or to get out". Levels don't lie, price needs to create structure and fill voids, it needs to test price points almost to see if it likes it or not