Trading Under The Spotlight: My Open Analysis Odyssey #5

13 авг. 2023 г.

Yet again, TradingView aficionados!

The day's analysis' marches on, and with it, more trading opportunities unveil themselves.

For newcomers or those who've been with me from the start, a brief overview of our shared journey:

Transparency, Not a Tutorial: My analyses give you a front-row seat to potential setups, but the detailed underpinnings remain my own. This is less about instructing and more about chronicling my trading psyche.

Frequency & Execution: Trading days are akin to vibrant tapestries, each with its own distinct patterns. But not every pattern sees a stitch. These posts mirror my thinking, not necessarily my trading actions.

Purpose & Growth: This series orbits around my ambition to fine-tune my market analysis while remaining open to your invaluable feedback.

With that laid out, let's delve into the next analysis for the day:

Instrument: XAUUSD

Bias: Short

Overall Trend: Bullish

Thoughts: This particular setup aligns well with the current fundamental readings from both CPI and PPI data. Among the myriad setups I've encountered today, this is a trade I'm considering to act upon, should the price venture into my designated area of interest.

Your presence on this voyage amplifies its value, irrespective of whether you're a silent observer, an active contributor, or a keen learner. Let's persist in dissecting the market, one insightful setup after the next!