Market reads · general commentary · not advice
Plumbline Reads publishes a handful of forex and gold reads a week. Each one states its reasoning, says what would prove it wrong, and stays in the public record after it closes, losers included.
At most x reads a week. Some weeks, fewer. Never a call to act now.
Where we stand
I
The thesis, the context and the invalidation are published with every read, before the levels. You can disagree with the reasoning, which is the point.
II
Every read is closed in public with a review. Stopped-out reads stay in the archive and in the record, with what we changed because of them.
III
A read is a view with a stated chance of being wrong. No countdowns, no urgency, no promises about what you will make.
From the archive
Sample read · archive · not a recommendation
The reasoning
What would make it wrong
A daily close below the post-decision low.
Order shown, not distance. Desk confidence xx%
The record, since xx Jan xxxx
Past and hypothetical performance.Results are measured from the levels each read published, not from anyone's actual trades. They are hypothetical, assume x% risk per read, and leave out spreads, commissions, slippage and swap. Past performance is not a reliable indicator of future results, and nobody following a read should expect the same outcome.
Our conflict of interest, in plain words
Plumbline Reads is paid a commission by its partner broker on the trading of people who open accounts through us. A signal stream that keeps you trading works for us and against you. So we hold ourselves to limits we publish.
The full conflict disclosureTwo ways in
The channel is free and you never need an account to read it. If you do want to trade, we work with one partner broker and explain exactly how we are paid.
Lintel Markets is a fictional broker.