Soybean oil gold

23 ago

8. 23.24 it's very early in the morning so I'm going to make this as short as I can so I can go back to bed which is why I'm writing this very large sentence because you need to write enough stuff or this won't upload. the soybean oil is still a long trade even though it corrected 50% it looks like it's going to go higher and in the video I show you on the daily chart where it really has to go before you see an acceleration higher.... but it's a decent trade and just keep your stop below the bottom and give the market some time to move higher at the very worst if he gets stopped out it's a small loss.... but generally with patterns like this you don't want to drag your stop higher because they'll just take you out of noise and then you lose the opportunity. gold could have been a very profitable trade..... actually a number of Trades using a 4-hour chart and following how the market moves. I think the necessary psychology to look at patterns like this and to make relatively short but profitable trades is that you can't be committed to just one side of the market or the other. The market trades from buyers to sellers and sellers to buyers. It's easy to get trapped in your trades because you think you want to be a buyer and then your brain basically reduces the . when you sellers to adversaries because you just don't want to run into sellers if you're long.