[2/5 2 battles, 1 win, 1 loss +762 pips] GOLD Trade Commentary | Whether you can have a basis for not doing anything.
Yesterday I wrote about how “reviewing winning trades can change the next decision.”
Today, in extension, I will write about “how to justify doing nothing when the market is volatile.”
When you see a restless market,
you might think, “It’s a waste not to act when it’s moving this much.”
But in reality,
you enter not because it’s moving, but because a pattern is forming.
If the order is reversed, you’ll get a string of aggressive entries.
As you can tell from today's chart,
after a big move, it entered a range,
and there were repeated patterns of “not forming a pattern after breakout.”
In such moments, whether you choose to do nothing
is where the difference in profit and loss lies.
There is no need to feel guilty about doing nothing.
“If any of the three conditions apply — no barrier, no shape forming, unable to cut — pass on it”.
If you keep this as a rule,
you’ll have a basis for the decision to do nothing.
With a basis, guilt disappears.
This is content that those who have the GOLD antidote can rapidly grasp, so please obtain it now.
If you postpone until later, you may not catch up.
As a bonus, I also developed an amazing tool.
In the future,as a reader-exclusive benefit of Investment Navi+it will evolve.
Now to the main topic.
As I’ve said many times, in this Investment Navi+ we explain in detail where to recognize barriers
and how to combine higher and lower timeframes.
There is a detailed explanation of that.
↓ Here is a method to improve the problems in trading
https://www.gogojungle.co.jp/tools/ebooks/50406
From here, this is the usual article.
It has a function to toggle stacking higher timeframes on/off.
https://www.gogojungle.co.jp/tools/indicators/73674
Full version [Trading Barriers]
https://www.gogojungle.co.jp/tools/indicators/73688
Trading barriers will continue to evolve, so please look forward to it^^
If you purchase now, you will receive future updates for free.
Trading Barriers is a powerful weapon when used with the antidote!
https://www.gogojungle.co.jp/tools/ebooks/50406
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Classic trades fall into one of these three categories.
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This is the Holy Grail! Mastering the Review
https://www.gogojungle.co.jp/finance/navi/articles/98909
Concrete ideas for outputs
https://www.gogojungle.co.jp/finance/navi/articles/98980
A way to break through when you feel your growth has stagnated
https://www.gogojungle.co.jp/finance/navi/articles/99544
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In this article I will write about dense content posted in the community
and the background, overall picture, etc.^^
If you can absorb this content in your head and make real-time judgments
it might be said that you’ve already won in life, which is no overstatement haha
I wrote it in detail to help you understand the shift in perspective and the big picture^^
※ Also, from now on, how did I view the 30-minute chart?
I plan to describe the connection from macro to micro perspective.
So that you understand what you are thinking and for what purpose you are trading
I hope you get it ^^
If you want to see the community directly or want to know more about the trading method,
please purchase the manual.
https://www.gogojungle.co.jp/tools/ebooks/50406
From here I plan to fix this at the top so that you check it daily, so I think I’ll leave it pinned at the top lol
The goal isto be able to quickly judge the current situation when you look at the chart.
When you look for a while, some parts say you shouldn’t monitor for long, so while living your life you trade, and if you judge from looking at the chart whether you should trade now or not, you’ll be able to decide how long to wait using MA as a guideline.
If you think of each frame as the present, and you hide the right side of the yellow arrow so you can recreate it yourself,hide the right side of the yellow arrowand look. (For explanation purposes, a little of the right side is visible) No matter which point in time you look at, you’ll see a standard for judging on the right edge, so you’ll be able to judge in the same way^^
Then, simply rewind your chart screen a bit, stop at a frame, take a screenshot of that one image, and try drawing how you would judge within just that image. This is back-testing.
↓↓ Now, please view the explanation only in this series Investment Navi+ .Please enjoy^^