The video discusses the manipulation in the gold market and how traders can avoid falling for fake movements. It emphasizes the importance of trading in line with the higher time frame trend and provides a sell trade in gold. The video also promotes the broker I See Markets and the creator’s free forex signals and training.
Uncovering the Manipulation in Show USD: What Can We Learn?
Introduction
In this article, we will be discussing a YouTube video that exposes the manipulation that takes place in Show USD. We will explore the different ways in which traders are fooled into making trades that ultimately lead to losses. Additionally, we will examine the key takeaways from the video and discuss what traders can do to avoid falling victim to manipulation.
The Anatomy of Manipulation in Show USD
The video starts by showcasing a strong bullish candle in gold. The presenter explains that when traders see this, many of them jump on the buy side. However, what they fail to realize is that this is the first instance of manipulation. Soon after traders enter the market, the prices drop, leading to significant losses.
The manipulation continues as the market experiences another up-move, in a bid to generate liquidity. However, this is once again a false move and ultimately leads to the price returning to its downward trend. The video then goes on to show several instances of false up-moves that are designed to trap buyers, and eventually lead to losses.
Learning from Manipulation
The video concludes by discussing the key takeaways from the manipulation in Show USD. The presenter explains that traders must have a good understanding of charts, macroeconomic factors, and news in order to effectively navigate the volatility of gold.
Additionally, the presenter emphasizes the importance of taking trades in the direction of the higher time frame. Traders must also avoid fake buy candles and look for price action confirmations before entering the market. By doing so, traders can expect to have around 70% accuracy, which can increase to 80% with experience and learning from mistakes.
Booking Profit and Moving Forward
The video concludes with the presenter entering a sell trade at 1800 with a stop loss of 1809 and a take profit of 1790. The presenter expects the market to continue its downtrend, and advises traders to focus on selling whenever they have an opportunity to do so.
Furthermore, the presenter stresses the importance of booking profits at key areas, such as the buy zone. By doing so, traders can avoid losses when the market inevitably experiences a pullback.
Conclusion
In conclusion, the YouTube video that exposes manipulation in Show USD is an eye-opening look into the tactics used to trap traders. By understanding the key takeaways from the video, traders can learn to effectively navigate the volatile nature of gold and avoid falling victim to manipulation. By booking profits at key areas and constantly learning from mistakes, traders can hope to succeed in this challenging market.