Trading in GOLD on SEI-HAI FX
This chart is a trade in GOLD.
In trades using the logic,
I placed the most importance on “following the trend.”
Even though the price zigzags,
overall it is moving upward, right?
First, I check this carefully.
Where the blue arrows appear,
the upward momentum is clearly visible.
When the blue arrows appeared,
after a slight pullback, it started moving up again, and I entered a buy.
I didn’t try to buy at the very bottom forcibly,
I chose only a safe place where I felt “it will go up again.”Only that.
Conversely, where the red arrows appear,
the momentum has weakened for a moment.
Here I don’t buy anew,
and I secured profits quickly on positions I already held or did no-entry.
Rather than greedy hoping for more gains,
it’s an image of taking only what can be taken.
Stop-loss is very simple: if the market trend changes, I act quickly.
By doing this, even if the direction turns out differently than expected, the losses aren’t large.
As a result, losses were small and gains accumulated steadily.
If you continue this method,
you will no longer hesitate to enter and you won’t make unnecessary tradesas a result.
Rather than aiming for a big win every time,
by calmly repeating the same actions,
you will steadily stay in positive territory.
I’m not doing difficult analysis.
“Buy when the trend is up” “Stop when the trend stops”
Even just following these two makes trading much easier.
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