Gold gives back the gains after FOMC minutes, fading opportunity

17 Ağu 2022

This is a short video to demonstrate a particular process to fade rallies. However, in this scenario, the market did not give us the entry we wanted, and the price just melted its way to the target without us = but that's ok, you win some, you lose some, and some just pass you by. The important thing is to have a rule-based strategy and play the probabilities - don't get in the way of your strategy or allow FOMO to ruin a perfectly good strategy.

17 Ağu 2022

Not

17 Ağu 2022

Not

Stick with me, and you'll see the same strategy applied to further analysis and see it play out as it is intended. Many limit orders are missed, that's just the nature of this strategy. Some are triggered and are either a loss of breakeven, but when this plays out, the rewards are substantial.