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Too many people have no clue how to correctly spot the head & shoulders top. Too many people think they have spotted one when they have'nt. Here's everything you need to know about the most popular but most mis-understood pattern in technical analysis.
The best way to learn to trade is to practise it consistently and to seek out feedback and guidance from more experienced individuals. Learning from a mentor with decades of experience is the only short cut to success. https://www.daytradeideas.co.uk/education/trading_mentor/
Today's technical analysis by Jason Sen @daytradesignals looks at #Gold, #Silver and #WTI #Crude.
Link here: https://tradersummit.net/technical-analysis-daytradeideas-261/
#Markets #Analysis #Trading #XAUUSD #XAGUSD #WTI #JasonSen #TradersSummit
Take breaks and step away from the markets when youre feeling greedy. Especially after an exceptionally good run making abnormal profits. You will be over confident & could blow it all. Clearing your mind can help avoid impulsive trades.
The most successful traders are those who are able to maintain a sense of detachment from their trades and not let emotions cloud their judgment.
17 May
Gold XAUUSD
We hit my target of 2392/98 after the CPI number & made a high for the day exactly as predicted.
We wrote:
''We may pause here in overbought conditions but there is definitely no reason for prices to reverse so shorts are ruled out at this stage & further
Remember, slow and steady wins the race. Trading is a marathon, not a sprint to profits. Dont let greed drive you to make hasty trades and risk your hard-earned profits.
How can you improve your patience, focus, and discipline? https://www.daytradeideas.co.uk/education/patience-focus-discipline/
By using stop-loss orders, youre taking a proactive approach to risk management. Protect your profits and limit losses. If you don't, eventually you will blow a huge hole in your account.
@daytradesignals Awesome work as always.
Jason provides high-quality, reliable Forex, Gold, Silver & WTI Crude trading signals helping them to make informed trading decisions to achieve their financial goals. 20% discount on Forex daily technical analysis & signals:
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Jason began in 1987...
16 May - technical analysis & trade ideas - Gold, silver & WTI Crude.
Gold XAUUSD
The CPI number was a little softer than expected so inflation is not as high as it could have been. Retail sales were also weaker adding to recent indications from economic data that economic
More excellent technical analysis on #Gold, #Silver and #WTI #Crude by Jason Sen @daytradesignals
Link here: https://tradersummit.net/technical-analysis-daytradeideas-260/
#Markets #Analysis #Trading #JasonSen #TradersSummit
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