Alan Solarsh trades only gold because he can focus on a few macro indicators like NFP and CPI instead of tracking multiple countries' fundamentals. Gold has enough liquidity to generate substantial profits without watching dozens of charts.
Three Reasons why I only trade Gold I'm Alan Solosh, Master Trader and ambassador of fbs.com Reason number one is because I only have to worry about these indicators, which is nfp, cpi, Labor Market and fomc, which is what the Fed is doing regarding the interest rates. The second reason I only trade gold is because it's very difficult to trade more than one instrument. You need to worry about those fundamentals in the other countries, such as if you're trading EUR US$, you need to know what's happening with those indicators in Europe and America. The third reason is because there's enough liquidity in gold for me to make lots and lots of money and I don't want to be hostage to all different charts all day. So if you want more information regarding forex and trading, follow me for more like and comment and I'll see you on my next video. Cheers.
Double bottom forming - Gold ready for $4000 #trading #technicalanalysis #xauusd
