【6/3 1 win 1 loss +145 pips】GOLD Trading Commentary | Decision not to chase after taking the trade
After turning positive even once, actually it's the most dangerous time.
“Today I think I can go for it.”
“I think I can take another shot.”
These feelings start to surface, you know.
But what’s important here is not to carry over that judgment to the next moment.
Just because the first attempt went well doesn’t mean the next will go the same way.
Rather, after a win,it’s right to re-check the conditions from zerojust about the right pace.
This is something people who understand trading methods tend to do.
Earlier, Trade Method ② went well.
So I look for a shape that resembles ② next time.
Now ③ seems usable.
So I look for another place to enter again.
But the order of looking at the chart is always the same.
Look at the current state on the 1-minute chart, confirm the walls and waves on the 30-minute chart, then return to the 1-minute to verify the conditions again.
Skipping this back-and-forth and entering “I took it just now” will make judgments increasingly sloppy.
This time,a judgment not to chase after taking it.
After a win, view the next moment as something different.
Just doing this greatly reduces unnecessary entries ^^
For those who have a GOLD antidote, this sense of “rechecking from zero every time” is a very important part.
Because similar patterns appear multiple times in one day, let’s avoid treating all of them with the same judgment.
▼ “Golden Line Sniper AI”
Two-piece set: Signal tool + EA
https://www.gogojungle.co.jp/tools/indicators/80000
▼ “The Answer of the Market”
Video + PDF + Tools, a three-part educational package
https://www.gogojungle.co.jp/tools/ebooks/77829
Now, onto the main topic.
As I’ve said many times, in this Investment Navigator+, we explain in detail where to recognize support/resistance and how to combine higher and lower timeframes.
The specifics are here (GOLD antidote).
https://www.gogojungle.co.jp/tools/ebooks/50406
Now, here is the usual article.
From here on, in addition to what I’ve posted in the community, I’ll also write behind-the-scenes stories and the big picture.
Because your judgment framework builds up as you keep reading each time,
I hope you’ll continue without stopping ^^
