Soybean oil gold

21 ago

8 20 24 in this video we talked about the new high on gold and the argument that this may be a reversal pattern based on ABCD patterns. I also talked about the importance of looking at higher time frames to find clues that the market might do something that you would otherwise Miss. we also talked about soybean oil which I believe will trade higher and I wanted to tell you how that pattern looks and I wanted to discuss about how the buyers and the sellers affect the market and how this affects how the market accelerates. I also decided to talk about patterns that can allow you to trade a little more frequently but can allow you to take profits before you give back some of the profits and not just that how you can scale in and out and take advantage of certain patterns if you're willing to trade with a little bit more frequency.... which is a lot harder to do because of the stress, but it's a way of generating profits and managing risk through scaling techniques. there are a lot of ways to scale but I showed you simple patterns the way I would look at them whether or not I decide to scale. I've talked about scaling many times over the past 6 years or so when I was more active with the videos.