XAGUSD-4H-1H-BUY
Updated
the reason i enter BUY, please see previous post & comment below.
NOW sliver comes to RM4-4H-PB shows up, + RM3-BUY system matched.
already enter yesterday and 4X my position total around 2% (0.5%+1%+0.5% this morning).
i think this trade is a good chance, wish me luck.
trade ideas on live
NOW sliver comes to RM4-4H-PB shows up, + RM3-BUY system matched.
already enter yesterday and 4X my position total around 2% (0.5%+1%+0.5% this morning).
i think this trade is a good chance, wish me luck.
trade ideas on live
Note
keep running, added position @18.56 few hours ago , total 3.5% positionNote
keep running, i added position @18.43 again on friday night, total around 5%gold stop loss was reached on friday(see my previous post).
i didnt re-enter this trade when price re-bounce strongly on friday night. since i have heavy position on sliver.
and the key point from this situation is that i cant simply focus single trade too much and forget my portfolio. which i learned lessons before. although every trade is independent, but you must see the total risk and put risk before gain (how much i would get pay if those trades are right). gold and sliver go up are the same logic, so i just use some potential gain to protect my whole equity safe. i think it is fair and considerable.
must treat trading as a long-term serious business , instead of short terms "what-the-hell-lets-do-this" gambling behaviors.
Note
keep running, sometimes you need to sit down and dont try to outsmart than the stop loss you set originally. this trade finally pay off.Note
tp 2% of position. gained 6%. 3R.Note
my little humble views on marco environment update:1. US inflation indicators (like housing signals) is not going to go down "easily" with such massive expectation that market still is affected by FED next two interest rate rising.
(To understand this it is important. as a retail trader needs to keep in mind you cant trade too ahead the market expectation, especially you don't know many professionals how they think in time, chart is only things you can get and understand easily. what chart is telling us is most important things.)
2. Currently DXY went down for the past two weeks, it seems like a temporary action for institutional traders.
(they heard some FED officers dovish speeches. another part of reason is to hedge their DXY-buying position or close some short-selling profit) it is my view.
I don't see this re-bounce it lasts long. the bottom takes times, and for leverage trading, it is important to get in get out on time to save the gains and profits.Don't fall in love with your positions. Focus on your equity. is important to get in get out on time to save the gains and profits.
Don't fall in love with your positions. Focus on your equity.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.