Meruem 🧞‍♂️

Gold ONLY | 7+ years of experience | Threads & Analysis.

Here to help you cross a step in your trading journey.

[Meruem 🧞‍♂️ @Meruemscalp]

@rubiinov Bro hasn’t showed a single produced video from there? That’s fishy

[Meruem 🧞‍♂️ @Meruemscalp]

Frustrated to see your trade running 1R - 1,5R and ending up at BE ?

Consider taking more partials. Adding them up at the end of the year, it makes a huge difference.

[Meruem 🧞‍♂️ @Meruemscalp]

There is millions of winning strategies.

Usually, what people lack of is ADATA associated with a strategy to apply it efficiently. What I mean by data is clear & developed winning & loosing setups (50-100)

[Meruem 🧞‍♂️ @Meruemscalp]

• Define your POIs
• Wait for price to come within
• Go in lower timeframes and wait for clear signals
• Execute & manage

Don’t overdo it, it's simple as that

[Meruem 🧞‍♂️ @Meruemscalp]

Consider taking profits on potential reversal zones rather than fixed R.

Fixed R is what you wish to win, reversal zones is what will really stop your trade from accumulating profits.

[Meruem 🧞‍♂️ @Meruemscalp]

Trading is a game of patience
90% → Waiting
10% → Action

[Meruem 🧞‍♂️ @Meruemscalp]

Build a blind confidence in you and your trading. Nothing else could help you survive in the long term.

To do so, don’t be lazy to spend hundreds of hours backtesting and sharping your strategy.

[Meruem 🧞‍♂️ @Meruemscalp]

Your success in trading depends on your capacity to wait.

[Meruem 🧞‍♂️ @Meruemscalp]

When you start trading, forget about $, work with % and ratio (R)

[Meruem 🧞‍♂️ @Meruemscalp]

Don’t start trading if your life is messed up.

It affects your psychology and it will ruin your trading account too.

[Meruem 🧞‍♂️ @Meruemscalp]

Run after consistency, not huge profits.

[Meruem 🧞‍♂️ @Meruemscalp]

Flexible risk allows you to have a different risk according to how good a setup is.

The worst it is, the lesser the risk should be.

[Meruem 🧞‍♂️ @Meruemscalp]

You are looking to step up in trading? Be more picky with you entry setups.

Don’t take “anything” just to trade.

[Meruem 🧞‍♂️ @Meruemscalp]

There is no room for hope in trading, only convictions & invalidations. Trading with hope is a sign of weak psychology.

[Meruem 🧞‍♂️ @Meruemscalp]

Trade when things are red hot, sit on your hands when they are slow.

Overtrading is the easiest way to give back profits. Just focus on the times when it's easy to make money, and do something else when it’s choppy and slow.

[Meruem 🧞‍♂️ @Meruemscalp]

Okay well, these two scenarios are off.

But it’s fine as I’m into this short trade, taking some more partials.

[Meruem 🧞‍♂️ @Meruemscalp]

Yooo, I'm back at it again !!!
Week 1 2023

Here is my Gold bias for the week.

Unroll for more details, updates on this day by day.

[Meruem 🧞‍♂️ @Meruemscalp]

Did not expect to see a deviation so early. Need to adapt.

New POI formed here too