Real Trade (Gold) April 28, 2025 (Monday) RR 4 (190 pips take profit) 【Golden Strike】 --> Could not enter
Big Q here.
This morning's gold showed a quite good pattern forming in the early hours.
However, unfortunately I was in a Zoom meeting with overseas funds and couldn't enter.
Since overseas markets don't observe our Golden Week holidays, they set up meetings without worrying much about our holidays.
── Well, people in the fund industry generally don't pay much attention to holidays anyway (laughs).
Now, regarding the market situation──
Overall, the downtrend is still continuing, so today's opportunity, as after last weekend, was a middle-risk entry.
That said, the pattern that appeared this time was in the easy-to-understand category, I think.
Probably among the buyers, there were some who entered properly.
If operated according to the rules──
✅ Risk-reward (RR) 4, about 190 pips in profit taking
that was a potential situation!
Personally, I think FX trading is pattern recognition.
However, the exact same pattern does not repeat identically, at least not.
What matters is to internalize the sense that “the form may be slightly different, but the essence is the same” through testing and demos, so that in real trades you enter with confidence.