when daily bias is bearish, do you still trade?

Gold (Fourrex edition)

3322 is potential target for bears But a lot of roadblocks to get there ...Let's see whether bears can hit 3322

Gold

I am with you

Gold

I see ...thanks! Looking forward to statistics with more data points!

Gold with thedaytrader

Noted with thanks AonRaza!

Gold

where is your SL?

Gold

Apologies I wasn't clear enough ...I am actually asking about this (I copy paste your post): Day Date Trades Net ----- ---------- ------ ----- Day 1 18-Jul-2025 5 +6.5 Day 2 21-Jul-2025 2 -1.5 Day 3 22-Jul-2025 2 -2.0 Day 4 23-Jul-2025 2 -1.5 Day 5 ...

Gold with thedaytrader

I am not sure who are gonna get smashed today ...the direction is so unclear ...but given the weekly bias is still bearish, I would give a little bit higher probability for bears to smash bulls ...just a little bit because bulls and bears are ...

Gold

@thedaytrader based on your journal, how many points in total within a month in average do you get trading "bounce point" strategy?

Gold with thedaytrader

I hope bears can break today's low ...but it seems bears do not have enough power to accomplish that today So I guess I will just expect the test of today's low Let's see

Gold

So agree with you ...with range this tight ...even scalpers cannot have good entry-exit

Gold

Scalping short done ...trying to hold long now

Gold

It is possible ...but based on PA in the last 1 hour, it seems bulls are regaining control now Let's see

Gold

The up move hits roadblock ...attempting to sell (for now scalping only)

Gold

if the up move continues, next potential target is 3362 Let's see

Gold

Adding small buy targeting 3357

Gold

Reason for selling is weekly bias which is short But since I am scalper/intra day trader, I am still on long at the moment expecting 3350 to be broken I might be wrong

Gold

If 3350 doesn't hold, next potential target is 3357 Let's see

Gold

Thanks bro! Please let us know where your pending orders are ...I will try your strategy (low leverage, swing, big profit)

Gold (Fourrex edition)

closed all my sell positions before news

Gold