CFDs on Gold (US$ / OZ) forum
XAUUSD For anyone who missed the buy - another opportunity to put in a buy around 2667
XAUUSD When it comes to trading, "altitude" isn't a term typically used in the context of financial markets. However, if you're referring to the mindset or approach a trader should adopt, here are some key attitudes and principles that can contribute to successful trading:1. **Discipline**: Stick to your trading plan and strategy. Avoid emotional decision-making and be consistent in your approach.
2. **Patience**: Markets can be volatile, and it's important to wait for the right opportunities that align with your strategy rather than rushing into trades.
3. **Risk Management**: Always be aware of the risks involved in trading and manage them appropriately. This includes setting stop-loss orders and determining the amount of capital you're willing to risk on each trade.
4. **Continuous Learning**: The financial markets are constantly changing, so it's important to stay informed and continuously learn about market trends, strategies, and economic indicators.
5. **Adaptability**: Be prepared to adapt your strategy as market conditions change. Flexibility can help you respond effectively to new information or unexpected events.
6. **Analytical Thinking**: Use both technical and fundamental analysis to make informed decisions. This involves analyzing charts, patterns, and economic data to predict market movements.
7. **Emotional Control**: Trading can be stressful, so it's important to maintain emotional balance and not let fear or greed drive your decisions.
By cultivating these attitudes and skills, traders can improve their chances of success in the markets.
GOLD strong like bull..also dxy due a swing pullback..
XAUUSD lets gooo!
GOLD it will come down to 2620
GOLD Of what little I know of this market , Never go against the trend , when bullish never trade for that one big RED candle . It might happen but if it doesn't your are screwed . Same with bearish market .GOLD if close the week above 2687, weekly again bullish
XAUUSD 70+ pips profit started Gold buy now from 2666 take Profit 2676 stop Loss 2657GOLD reclaimed 50ema 20ema on the daily now..this is with a bullish dxy ,,
GOLD Looking bullish