Not financial advice.
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New week! Here is my personal view on the current storyline that we may have on GOLD:
This is the movement we have RIGHT NOW as I type this and it COULD CHANGE in the coming days especially with the March candlestick.
Based on Monthly timing, if March opens around current market price I do think we could see some bearishness in the coming month... but only after a manipulation of sellers.
If I were to purely follow my market direction/storyline with not much attention to timing. March opening at current market price should validate an entirely new bearish storyline on the Monthly, and I would immediately start speculating sells as a result.
At the end of the day these are my personal predictions that I wish to share. No one knows anything about what WILL happen next. All I am trying to do is... my best at every turn.
Now I take massive partials off my two most recent buys. I don't like what I see in favour of sells. Now check this psychology out. Sometimes, when I take massive partials because of a negative sign, price retraces and goes in my direction as planned. Other times, I take massive partials because of a negative sign and price ACTUALLY does reverse and I am thanking myself. Keep it simple. Most times when I see a negative reaction and act accordingly, price does what I expect it to do. So you can see how it makes 100% sense for me to stick to my plan regardless of the outcome... because NOBODY knows what the next move WILL be. All we can do is act upon probabilities.
Trendline, my third best friend 💯
500 pips ✅ moved to BE, high risk trade from significant level.
High risk sell = anticipation of potential reversal. (Early partials)
Low risk sell = after breakout (Take massive profits from buys. This has not happened yet)
First time in my life holding such volume in my trades, in an attempt to take my swing game to the next level. Let me tell you, the "itch" of wanting to take off some positions even when it doesn't logically make sense to do so is VERY difficult to fight off. However, I know that gritting my teeth and sticking to my plan through this phase is going to stretch my mental threshold. I have never experienced anything like this before, no joke.
Identical trade id's.
When you take partials, your trade ID changes a few numbers. If you never took partials, your trade ID should remain the same. Meaning the original position was held for the duration of time from the first and second screenshot. Not that you should bother about that, but you probably should stay away from someone flaunting massive RR when they repeatedly take partials