[ Positional ] GOLD Short Bet
r: R is 1: 2
Rest as per Charts
Note -
One of the best forms of Price Action is not trying to predict. Instead of that, ACT on the price. So, this chart says "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level that says "Buy if it breaks, " you should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta", "Bounce", "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never a gut feeling. It is always some reason.) that the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is primarily the "Day's High".
In the case of Positional trades, it is primarily the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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Rest as per Charts
Note -
One of the best forms of Price Action is not trying to predict. Instead of that, ACT on the price. So, this chart says "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level that says "Buy if it breaks, " you should not buy at all.
=======
I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta", "Bounce", "3BB" or "Entropy" - My own systems.
=======
I won't personally follow any rules. If I "think" (It is never a gut feeling. It is always some reason.) that the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
=======
Like -
Always follow a stop loss.
In the case of Intraday trades, it is primarily the "Day's High".
In the case of Positional trades, it is primarily the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
=======
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.