Gold sells hit TP. 🥇✅
After the losses and missed entries, it's good to see a setup play out.
One win doesn't mean I've figured it all out, just another experience to learn from.
Back to learning, one trade at a time. 📈🤝
Good morning, traders ☀️
The More You Follow The Rules
The More You Win Again And Again:
@EquityEdgeUK
Trading is all about following the process, plan, setup and the rules behind them.
So let me drop some recurring patterns, mainly on gold, that would help you as a trader:
Trading the reverse of the news direction after the news has passed tends to occur a good amount of times.
Secondly, the Monday open gap can give various opportunities, either in terms of filling the gap or trading after the gap has been filled.
Pay attention to the previous day's closing price and bias.
The daily ATR value is important in predicting if your trade has a high probability of hitting TP that day. Most times, I calculate it by doing the Daily ATR / 2.
Being patient when trading GOLD pays more over time.
Have a nice day.
Took a loss on JP225.
Plan was followed, risk was defined, stop was hit cleanly.
No revenge, no chasing after.
One clean loss is better than turning it into something bigger.
Reset and move on.
Two setups on the watchlist this morning: One on silver.
One on gold. Both meet the plan criteria.
Now it’s just about patience and proper execution if they trigger. No forcing. Process first.
One of the biggest forex traders on this platform just followed me. 🤯📈
For a small account that's still at the beginning of the journey, this genuinely means a lot.
Still at the beginning. Still learning. Still building.
I really appreciate chief 🫡