8.16.22 PA1! Yesterday I Framed Palladium. I showed you a broad range to establish a credible support and resistance. Today I think the market setup for a long trade with a small stop and I want to show you that. Since I was not focused on smaller time frames I missed a reversal pattern, and you may have found a short trade there, and I want to show you that. This is a great market because of this volatility, but you can make and lose a lot of money very quickly. This follows volatility is what creates a very high margin. Some Traders may think that volatility represents more risk. I think it offers more reward. So you need to be careful. What will mostly happen as the general markets become bearish, you will find that the volatility dries up and that markets like that are very hard to trade. It's a paradox, but it's not complicated. You will find if you use reasonable trading techniques that you will do better in more volatile markets then in contracted markets low volatility. This video is mostly about framing a market and trading techniques as a buyer and a seller
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