Trading in Reverse Psychology. 1. Base your trading strategy on waiting for patterns or roadmaps to develop before taking action (trades). 2. Maintain a risk-reward ratio of no less than 1:2 for favorable results, aiming for 1:3 or higher whenever possible. 3. Define your trading approach—scalper, day trader, swing trader, or investor—and select specific assets...
Unraveling the Revolution: In the fast-paced world of financial markets and investments, the images attached to each company stock, bitcoin, and gold paint a compelling picture of soaring portfolio increases, ranging from 20% to a staggering 250% profit since January 2023, up to this point in August 2023. Amidst these fluctuations, recent developments, such as...
Looking for either way to brake through. I analyse it breaking down the trend line upto 1.3800 and then 1.3650 with SL 1.3970 ***Its not a Decision its Idea
its Going to touch that line after that we will see that either its break it or keep it?
I am doing that with 25 pips trailing SL. I think its good point.
Gold Could be there in fibo. i am expecting that. Will it be good to catch the trend before it even starts
I think the bull just tired and now the bear is looking for grip.
Gold could be in bearish as making a strong bearish candle on 4hr chart.
Analyse yourself and take trade as you like. But simply i like that way as i see.
I think its making head and shoulder and big investor keeping a strong eye on Resistance level of 2016 between 1360 and 1370. Could go on Sell OANDA:XAUUSD