[Gold Counter-Trend Scalping] ~ How to Turn the Market's Traps into Profit?
Trends are something that tend to move in the direction once they start.Once a trend starts, it tends to continue in that direction，，
This is a famous Dow Theory proverb.
For beginners,教材 for trend-following logic is often central,
and this in itself is by no means incorrect.
However,there are surely patterns where momentum converges somewhere,
or suddenly reverses direction, which is by no means rare.
What are the 'traps' hidden in the market?
For example, patterns like ▼
both places experience a sharp drop and a sudden reversal,
you can clearly see such behavior.
In such cases, what happens if you place a sell entry? Of course you will lose, right?
In the market, there is always,
・Stop hunting
and I believe you are constantly exposed to that risk.
Risks of the general trend-following approach
When you look at such a chart,
you feel like entering a buy, don't you?
However, if you look closely at the chart,
you can confirm NODE HUNTER's "sell signals."
In other words,it implies that a top is near...
If you buy entry here, you have a high chance of losing.
‘Buying at a high/low’
is what it is.
What the arrows on NODE HUNTER mean is,
it indicates that the trend is approaching its ceiling or floor soon.
＞＞Details of the indicator here
However, at this stage, entry is not made yet.
We wait for the breakout to be confirmed before entering.
“Trend reversal” → “Enter on breakout confirmation” This is the orthodox way!
?This time as well, after confirming the trend-confirmation signal“dot signal”we enter
◆ Gold 1-minute chart
At this point there is about 200 pips of unrealized gain.
slightly‘consolidating’so I close the position from the order panel
It's smoother to operate from the order panel than to check on the terminal.Order panelis very convenient for execution.
※High-function order panel is listed here
After that,a second sell entry was made based on discretionary judgment▼
At this point,＋700 pipsunrealized gain around.
Across two trades, about 900 pips in total profit.
?After that,trend line + signal (counter-trend)confirm and then buy entry
Here, unrealized gain is around +150 pips.
Afterwards, gold continues to rise with a flood of buy orders.
Summary
In FX, if you just enter in the same direction as everyone else, you won't win,
especially in short-term trading,
profits are more likely when
the public gets hunted
and I think so.
NODE HUNTER enables efficiently turning hedge fund moves into profits,
...that is the image.