Anyway, it doesn't listen to anything in the near future, and wishful thinking that it breaks its position will only waste one's expectations.
Last Friday and last Wednesday, one was the end of the market, and the other was the CPI. In this situation, they can maintain shocks and fluctuations, let alone this week? For this kind of market, you know that Monday’s volatility will not be unprecedented, so you don’t need to take a retracement in an honest manner to prevent being knocked out and then go down again. In addition to bearing unnecessary losses, you will also regret it, which is easy. Playing with your mentality, in fact, there is only room for fluctuations of more than 10 dollars a day. .
As for the importance of this retail sales data, it depends on your own understanding, but you have to ask me whether it will cause gold to plummet directly. Ask me this way, then you must be stuck. For most traders, it doesn’t make much sense whether they break or not. There is only one key question. Can 2020 lead to another short-term decline?
Make it in, fall down, and come out, this is the daily trading process of the international gold market, and the profit is not enough to have 100 leverage.
Let me review yesterday’s trading process for you. During the day, 20 fell by 7 dollars, rose up, fell 5 dollars, rose again, and fell 6 dollars. Every time it is the effect of 2020, as long as you are not greedy for short-term trading profits , I can do it 3 times, but I am also a short, and I have made enough money in the first half of the month. .
Before the data comes, I still can't stop the enthusiasm for executing trading signals around 20. That's how I planned and executed it.
Today's chart is very simple, and it is actually made according to the rhythm of the market, and it really doesn't need to be complicated. .
The first thing that can be confirmed is that you basically don’t need to look at the trend of gold to insist that the trading signal is at 20. Is there any problem with this? So of course what needs to be considered is whether it can evolve into a wave of decline as before after entering the market. Many people pay attention to the pressure level of 30 before 2020 takes effect. The recent second wave of decline started the level, so it can be used as a retracement level for the current bearishness.
Second, 30, for me, is still going to be executed, but before that I have to bring a retracement, you may think this is not taking off your pants and farting? Anyway, they are all bearish, why not hold them all? If you have such doubts, I can only say that you don't understand risk control at all. Should the accidental risk of data be taken into consideration? Secondly, the leverage of the two orders is X2. Are you sure your position load capacity is high?
A piece of data is messed up. . What I said above is only the trading method when the market is passive. If it goes well, wouldn’t it be expected to see the 2000 breaking position directly? But if I do it, or if it falls to 10 during the day, I will run away. Why not go to the theater at night? What you want to do is to play whatever you want. If the high point of 20 is assumed to be true, it will be as shown in my picture. A wave will be given to around 1990. There is a chance. It depends on the market itself, so you know what you should do, right? ? Short-term has a short-term method, and bands have a band method.
Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩💻
トレード稼働中:
Gold falls as expected
