There’s a potential trade setup on GOLD — Be ready within 30 minutes.
If the signal is confirmed on the next 30-minute candle.
We will ENTER the trade immediately.
If the signal is confirmed on the next 30-minute candle.
We will ENTER the trade immediately.
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Elliott Wave Monitor
YEARLY
Wave 3 Cannot Be The Shortest Impulse Wave But Does Not Have To Be The Longest
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We want to enter a trade on GOLD, but each candle on the 5-minute timeframe is about 140 pips.
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The best trading lessons come from your own trades, especially the losing ones.
▪️We entered a sell trade on gold, but the stop loss was huge, 90 pips!
▪️Our trading rules clearly say: never enter a trade with a stop loss above 30 pips.
▪️But the strong momentum fooled us… and the result?
Another valuable lesson.
▪️Never break your strategy, even if you’re sure about the direction.
▪️Trading isn’t constant profit, losses are part of the game.
▪️The real skill isn’t avoiding losses… it’s losing less than you win.
▫️Discipline isn’t optional, it’s what separates amateurs from professionals.
▪️We entered a sell trade on gold, but the stop loss was huge, 90 pips!
▪️Our trading rules clearly say: never enter a trade with a stop loss above 30 pips.
▪️But the strong momentum fooled us… and the result?
Another valuable lesson.
▪️Never break your strategy, even if you’re sure about the direction.
▪️Trading isn’t constant profit, losses are part of the game.
▪️The real skill isn’t avoiding losses… it’s losing less than you win.
▫️Discipline isn’t optional, it’s what separates amateurs from professionals.
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The $4,375 Zone Marks The End Of The Bullish Wave
Remember This POST
Remember This POST
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