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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