Recent content by ImogenBeaumont

Makes sense. Do you use any confirmation tools, like volume or candlestick patterns, or just pure price action?

So MAs are more for filtering noise than signals. But could overusing them make you ignore clear price-action reversals? Like sticking to a trend too long just because the MA looks good?

But what about times when price action gets noisy? Ever add a simple moving average just to filter the chaos or do you ride pure price all the way?

Makes sense! So if someone’s strategy is purely price action—like support/resistance or candlestick patterns—would you say they’re better off skipping indicators altogether?

I’ve heard of RSI, MACD, and stochastic, but how do you decide which one works best for a particular strategy? Is it mostly about the market conditions, or the timeframes you're trading on?

That makes sense! So, it’s better to just use one indicator for confirmation instead of a bunch? How do you figure out which one to rely on?

That's really cool! Sounds like you’ve got a lot of experience. I’ve heard of tools like VWAP and Volume Profile, but I’m not sure how they work exactly. Do you think they’re super important for beginners to learn?

I'm still waiting for the punch line!!!

Do you advice against using the indicators?

How do you know when it's the right time to enter or exit a trade?

I'm still learning, but it sounds like gold prices are rising due to global uncertainty and interest rate cuts. Big banks think it’ll keep going up, even reaching $3,000 next year. I guess it’s important to stay cautious, though, since prices can drop after people take profits. Lots to learn!

Of course it matters, that is silly to consider. It's very important for everything to be in the right setting for a strategy to work optimally.

That's exactly how that chart went, interesting.

Saudi Arabia is not renewing its agreement with the U.S to trade oil only in USD, that's a big change.