Morning 4380–4390—gang/kong thinking. Put defense at 4398. After the top on the board touched 4399, as expected it came under pressure and moved downward.
A stop-loss beyond one point cuts off the trade, but it cannot erase the confidence that sees the underlying framework. The direction is all right; the structure doesn’t lie.
In a one-way market, the most cleansing shakeout is the oscillation. Some people, in the process of probing through, hand over their chips. Those who understand simply wait for the tide to recede. Don’t get stuck obsessing over winning a single city or holding a single pond. In the next wave, a pseudo-line imitation will appear—Chen Jie’s rules will only reveal their real substance in big down moves and big up moves #xau $XAU
A stop-loss beyond one point cuts off the trade, but it cannot erase the confidence that sees the underlying framework. The direction is all right; the structure doesn’t lie.
In a one-way market, the most cleansing shakeout is the oscillation. Some people, in the process of probing through, hand over their chips. Those who understand simply wait for the tide to recede. Don’t get stuck obsessing over winning a single city or holding a single pond. In the next wave, a pseudo-line imitation will appear—Chen Jie’s rules will only reveal their real substance in big down moves and big up moves #xau $XAU
