Gold Trend Following

4 thg 5, 2022

The price trend has obvious multiple fractals in a short period of time. The price has repaired the two fractals during the backtesting process yesterday, but the entire price trend is still a short trend. In principle, I need to wait for the price trend to reach the position I need.
If there is an expected change in interest rate decisions, then our trading thinking needs to change

5 thg 5, 2022

Ghi chú

After the Fed’s decision on interest rates, the market has changed a lot. Powell’s hawkish actions in the short term have not been more hawkish, and even revealed a statement about stable inflation expectations in the future. In principle, the market has rebounded significantly in the short term. It is not certain whether it can continue, the main logic has not changed because of Powell's statement.

5 thg 5, 2022

Ghi chú

This does not change my main expectations. In principle, I still maintain this short-selling practice. Observed on the chart, I want to maintain a stable investment state. After the price breaks through 1914, I will use an original position to make this adjustment.