Last 70 test had a fast buy back, yet this test is staying bearish and about to go for a retest… every bar has its story
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Long time not using ichimoku. Cloud kumo still bearish even m5
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and the magical Soros always appears who kills Gold through the sharpness of his trendline. like an Edo era ninja sword.
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it will probably be ignored and take the h1 structure altogether
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On every push up bull pressure is dying, yet bears are staying strong. Hinting a potential breakdown
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No, I believe bulls will come later but right now minor retrace
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FEW STEPS TO SUCCESS IN THE MARKET:
1. Trade bassed on your trading level... Your trading level will tell you which pairs to trade, how many hours in a day, which session, how many times in a day as well as who you must follow and methods you're suppose to use often... Lot of traders know very well they can't do certain things, but they keep deceiving themselves into doing what they know they aren't really good at or it's not for them... now thi is different from one who's learning a pair- there're traders who trade to prove a point to other traders, they trade to compete and compare, they trade to look better than everyone else, they trade with all kinds of stupid reasons instead of focusing on their trading level and personality, then trade based on that! There're traders who're good yet silent, There're also traders who are good and also talkative... but there're also traders who know nothing yet are all over shouting trying to look better than they really are- these are traders I'm referring to when I say, DO NOT TRY TO MOVE FASTER THAN YOU CAN... Master your trading level, and trade based on it- you'll make it!!! AND LEARN TO BE HUMBLE ENOUGH TO LEARN FROM THOSE WHOSE TRADING LEVELS ARE HIGHER THAN YOURS! There'll always be people who are where you were, so help them... And there'll always be people who're where you are, so help each other... And there'll always be people who are where you are going, learn from them (don't compete with them, otherwise you're a fool!)!!! COLLABORATION OVER COMPETITION ALWAYS!
2. Honesty... A lot of traders are never honest with both themselves and market itself... they keep deceiving themselves; and this usually comes from failure to master one's trading level, which leads to unnecessary trading pressures... most traders set unrealistic targets; they make deposits with stinginess yet they always wanna over-leverage... I've seen newbies depositing $10 to trade US30 with expectations to make $1000; STINGINESS WILL NEVER LET YOU DEPOSIT WHAT YOU'VE TO DEPOSIT WHILE GREED WILL NEVER LET YOU BE GRATEFUL FOR THE LITTLE YOU GET... Deposit realistic capital, make sure your equity is enough to trade your pairs as well as lot sizes and SL- THERE'S NO MAGIC IN THE MARKET, IF YOU'RE DISHONEST AND UNREALISTIC; YOU'LL REMAIN A VICTIM OF HEARTBREAKS!... yes, it's possible but if you're a newbie, it's impossible unless by luck which I do not even wanna talk about... WHY EXERTING UNNECESSARY PRESSURES OVER YOURSELF??? WHY NOT BEING HONEST WITH YOURSELF AND MARKET THEN TRADE WITH PEACE??? Don't compete with anyone, this journey belongs to you, it is personal- so walk it in your own pace! STOP RUNNING FASTER THAN YOU CAN! YOU DON'T NEED TO BE ANYONE, YOU NEED TO BE YOURSELF!!! Be yourself this week, and see how it'll improve your trading performance... Of course make room for other people's thoughts and suggestions, but at the end BE YOURSELF AND TRADE WHAT YOU CAN ANSWER!
3. Do not trade your feelings, wishes, imaginations, beliefs or thoughts- TRADE THE TREND! OR TRADE WHAT YOU'RE SEEING (EITHER CLREECTIVE OR IMPULSIVE), the thing is do not trade what you cannot explain! Lot of traders cannot tell you why they enter or why they are trading what they're trading- they're just there donating to the market because they do not really have valid direction, starting from their own personal lives... REMEMBER: YOU CANNOT DO IN THE MARKET WHAT YOU STILL FAILING TO DO IN YOUR LIFE!... So if you still don't have direction in your life, that directioessness is going to reflect in your trading journey leading to very poor performance always!!! HAVE DIRECTION IN LIFE, AND HAVE DIRECTION IN THE MARKET... BE ABLE TO ANSWER VALID ANSWER TO WHY YOU'RE DOING WHAT YOU'RE DOING, DON'T JUST DO! Guess-work will kill you in forex, you'll win once and lose forever!!!
Hey bro.
Got a little sick, but all good now, hopefully will be more active in coming week..
Hello, I usually see posts about the dxy/xau correlation. Never seen any attention paid to the mint ratio (xau/xag). Is the ratio not important to gold trading? Any views on this would be appreciated. Thanks
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and Master William who provided this place. We all give great respect so that we are where we are today.
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