For most trading masters, their success is not based on luck, but on strength. They all have a deep understanding of market trends and the ability to continuously learn and adjust. At the same time, they also have a calm mind and meticulous analysis ability, and can fully consider various possibilities and risks when making decisions. They usually have their own...
A reasonable trading plan is the starting point of success An excellent investor never trades aimlessly. Before making a trade, they always have their own trading plan to help them identify trading opportunities and avoid chasing market trends. Developing and executing a trading plan is an important component of trading success. So, how do you develop and execute...
Before entering the market, we knew about the Pareto principle in the trading field. But after studying it for a while, you may enter the market with confidence, thinking that trading is not that difficult and that you are superior and can beat the so-called "housewives." This is the human tendency to overestimate oneself and be overconfident. After entering the...
Given that no matter what market conditions may be, there will always be friends who find themselves trapped in a position, here are several methods for unlocking these positions: Long-term unlocking: If an investor has a clear view of the big trend (such as a bullish market), and their position is trapped in a small trend (a dip in the market), they can first...
Today, the U.S. February quarter-adjusted non-farm payrolls data will be released. Everyone knows that this data will play a key role in the gold market, because the performance of non-farm payrolls will directly affect the fundamental sentiment, which will determine the direction of the gold market in a short period of time.Does the non-farm payrolls data to be...
Here we will use the United States as an example since it is a major world economy with significant influence and weight. Point 1: Release of important data For instance, the release of US non-farm payroll (NFP), employment data (ADP), initial jobless claims, CPI, GDP, PMI, etc. all have varying degrees of impact on the price of gold. Often, the release of...
How to grasp the trend in this market? It is to follow the trend. When the trend comes, the invisible force is pushing you forward. To gain profit and income in the gold and foreign exchange markets, this is particularly important. What is the secret to making profits? The answer is simple and also the most overlooked and precious thing that is free, just like...
OANDA:XAUUSD Gold has been an inconsistent inflation hedge, but there may still be benefits to holding a small amount of the yellow metal in your portfolio. Gold has historically had a low or even negative correlation to both stocks and bonds, suggesting it offers value as a tool of diversification. Gold prices held up pretty well during the Covid-19 pandemic...
Generally, traders who participate in buying and selling gold futures contracts sell and buy back the same number of contracts as the previous contract before the contract expiration date, which is known as closing out, without the need for physical delivery of gold. The profit or loss from each transaction is equal to the difference between the buy and sell...
Hey guys. I'm Martin Sylvester😅😅😅😅 Everything Charts. I want to engage you a little. If your chart is open. You could use horizontal lines on the higher Timeframe like D1. Something is really really nice there and I spotted it. I may be wrong but it's so sweet and I'll like to share it. $2000 price $1900 price $1800 price $1700 price Each with 1000pips...
You might have heard a lot of things about the benefits of investing in gold these days. Gold has been called the best and the king of investment, or it is no longer worth investing in because it will not grow anymore. Gold will remain king forever in investing, let me explain why. The price of gold will increase in the coming days but will not decrease in the...
As promised alongside our analysis and reports we will also be posting basic educational posts to help newcomers. Today we show how to draw support and resistance lines the GoldView way. There are so many ways to draw and establish support and resistance lines. Typically this is an area where price stabilizes and fails tp break. Visually this can be represented...
Earlier last week we posted some basic MA5 setup action and how effective it is in gold setups. Today we show you how a simple trading setup that you can use to draw strong levels and how to trade with them. Support and resistance can be drawn in many ways and often traders find what works for them and use that method. This is a method we use to create strong...
We have been posting potential bullish trading signals on Gold and the ways in which to enter this trending market of late, as the probability for these has been very high. Now, the market doesn't trend in a straight line, so when we saw the price in Gold make its way to the $1900.00 level we looked to see if we could get any confirmation selling signals for a...
We recently posted about Gold and how to execute with better entries off of using price structure and patterns. The last comment we made is that we would be keeping a close look at Gold for any pullbacks that could show good price structure for potential buying signals inline with the current underlying bullish trend. We have zoomed into the 15 Minute chart to...
It has been said ever since people were allowed to trade to "trade with the trend" and "the trend is your friend". Although there is logic to this the market unfortunately doesn't always trend and in fact spends most of its time in ranges and channels. The market environment changes all the time and it's why so many traders struggle with their trading because...
Taking a look at the price action on Gold, we saw a high probability trade setup for a potential buying opportunity. We saw many factors all lining up together which always helps increase the probability for you as a trader to get a good idea what direction price could go next. As you can see from the 30 Minute chart, we saw Gold in a descending channel until...