True RRR The True Reward-Risk Ratio (RRR) cannot actually be calculated solely based on a 10-pip stop loss and a 30-pip take profit. The stop loss (SL) and take profit (TP) will fluctuate throughout the trade. RRR can only truly be calculated as a ...

Meditations on Extremistan - Nassim Taleb

Brother, this question will wake you up or make you realize something. Case: I often place my SL just 1 pip below BE, then my trade hits a 600-pip TP. What's my RR? Or 2 pips above BE, whats my RR again?

Gold

Today's range is narrow, only 452 pips compared to the 21-day ATR average of 653 pips. This is 15 minute before Daily Market Restart around 3315 - Low around 3360 - High In a situation like this, ranging day, trades inside the range can succeed ...

Gold

Closed +0.68% (145-0 pips). Rejection and Big Blue from the bottom.

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Me too Short 3345 SL 3355 TP 3315 BE+ after some gain Seems Double Top

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Hit BE+

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Trade Reversal Fire ▄︻デ══━一 Short in Range 2 3342.15 SL 3350.05 TP 3305.05 BE+ after 73 pips gain Good Luck

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It has to pass the 3340 challenge first — if there’s no reversal around that level...

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Sometimes that's a good luck too

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Hit BE+ Again, again, and again. Lol

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Fire ▄︻デ══━一 Range 1 Long, Risk 1.0% 218 pips, TP 1R BE+ after 73 pips gain

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3320 seems like a real deal support, very strong. So does that mean we can't go Short today? Lol Edit: Trade Hit BE+

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Here We Go "For Tomorrow", Fire ▄︻デ══━一 Range 3 Short, Risk 1.0% 224 pips, TP 1R BE+ after 75 pips gain

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Hit BE+

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Fix typo. TP set @ 3295.09 Good Luck!

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Here We Go Last Fire ▄︻デ══━一 Range 3 Short, Risk 0.5% 112 pips, TP 3295.09 (Edit: Fix Typo) BE+ after 75 pips gain

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The Bears are now using a hydraulic press, 180 pips down in an instant. Lol

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No retrace, just push — very suspicious. I think it will form a double top with a V-shaped channel in the middle, and the reversal could be very deep. I guess i will do reversal trade. Lol

Gold

Right now the direction isn’t very clear. Retracing to the EMA is tough. Maybe the bullish trend will continue? I’m thinking of buying above the EMA—slightly above 3,320 later.

Gold

Yes, usually on the 6th or 7th candle of Top, most often the 7th. So if it drops, then it's a temporary Sell; but if it manages to rise from 3330 — and it's not just a spike — then the upward move continues.

Gold