Last gold trade stopped out. I also attempted to reverse....for a small loss. Then went long. Anyhow, long is my bias, and I am trading my bias vice waiting for a great setup. I am long gold, and luckily my bias trade is setting up into a decent breakout trade of this saucer. Not too happy with my trading.
I have traded my bias before, and it rarely works out. So when do I bias trade? When I don't see any proper breakout or breakout-pullback trades that I trade 99% of the time. This is impatience and trying to outsmart the market. There, self-critique complete. Today is the day I become super duper disciplined.
As I finish this entry, gold is breaking out and rewarding me for being undisciplined.
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