@Skylarkyes off course

@Okpodi luc na true sha EU no be serious wahala like that Gold gives more funds than EU

@ROHIMtue sellers didn't have the energy to continue sending price to the downside

@Okpodi luc but at the Same time we've got to be careful with gold and maintain a good risk management to

@ROHIMhow many rr this trade gives you at the moment when you were running it

@Okpodi luc so tell me bro do use a forex calculator to calculate your lot size before entering any trade??

@Shadow Which market are you referring to? is it gold?

@Skylarkfor gold my stop loss position is important than my take profit level , bcos I can take profit any where in gold

@Okpodi luc how is the type of confirmation entries you use when taking trades

@Skylarkwhy should I?

@Shadow What timeframe combinations do you use for your multi timeframe confirmation and top - down analysis?

hello bro good morning to you and big welcome, yes bro confirmation is very important @Shadow

@Okpodi luc You just enter without knowing how much you are risking

@Shadowi see it as more of a pull back than a reversal at the moment..I'll treat it as pull back

@ShadowI think say it's a pull back now the bear are still in control, I don't see the bulls taking over

@RPGFXPersonally, I use a top-down approach to multi-timeframe analysis. I start with the Daily timeframe to identify the overall market trend and key support and resistance levels. Then, I move to the 4H timeframe to confirm the market structure and look for potential trading setups. Finally, I use the 1H or 15M timeframe to identify a precise entry point, preferably after confirmation from price action. I also pay attention to liquidity, break of structure (BOS), and change of character (CHOCH) before entering a trade. I make sure my risk-to-reward ratio is reasonable and always calculate my lot size based on my risk management rules. For me, the goal is to align the lower timeframes with the higher-timeframe direction rather than entering trades based on a single timeframe. Of course, I wait for confirmation because no setup is guaranteed.

@EuroTraderare areeba mini posted a daily chart of usdjpy buy position, look at it, u will see the entry application that work for 15min and 30min, work like majic

@Shadow What a long read, let me carefully go through it

@Okpodi luc Wait do you mean you just enter your trade with out calculating?? well calculating before entering any trade is one of the best ways to keep your account alive for a long time in this game