COMEX:GC1!   Gold Futures
4.23.20 Gold Part 2 The first part is the most important part for now, so listen to that. On this video I am stepping it up a little bit, and I know that I can't prove this even though I know this is the way the market works. This is more subtle. In my mind this shows what more sophisticated traders with more capital can do because they have the ability to not only read the market, but they can use scaling techniques that give them a distinct advantage even though they can selectively add more exposure. What I didn't say on this video is that I feel that this perspective of more sophisticated traders who have the ability with larger amounts of capital... are actually part of market dynamics and the patterns on the chart. My belief is that the market is more than just one algorithm and what I am describing on this video is actually a pattern that is self-fulfilling. It is an explanation of why markets usually don't go straight up or straight down. I believe it is the reason why sophisticated highly successful traders can do things that a beginner cannot imagine. A beginner is likely to be black or white in an analysis, whereas a more experienced trader can buy at one level, and then buy at another level adding exposure in a market that's moving against that trader.
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