We have been moving harmonically to the downside, and we just broke major structure looking left.
Therefore, I would expect the trend to continue. There are a hundred ways to get involved, but not many ways in which I can get involved. Each trader has its own reasons for entry that match their philosophy and psychology, and you should too.
I will be updating this if I find a reason to get involved or if my outlook changed on this pair.
Trade your plan and hang tight through the drawdowns!!
Feel free to ask questions, criticize, or share your opinion!
Therefore, I would expect the trend to continue. There are a hundred ways to get involved, but not many ways in which I can get involved. Each trader has its own reasons for entry that match their philosophy and psychology, and you should too.
I will be updating this if I find a reason to get involved or if my outlook changed on this pair.
Trade your plan and hang tight through the drawdowns!!
Feel free to ask questions, criticize, or share your opinion!
Comment:
Price has reached the zone. I am now waiting for an entry reason.
Order cancelled:
Price closed above the zone, so I am no longer looking to get short.
You may be thinking "Man, all that analysis just to not be able to get involved!" However, remember that we don't get paid by putting trades, our broker does. We get paid by taking GOOD trades.
You may be thinking "Man, all that analysis just to not be able to get involved!" However, remember that we don't get paid by putting trades, our broker does. We get paid by taking GOOD trades.
I haven't been able to enter. Moreover, Because of how the price has moved, I will look to get short on the highs of the zone. I might miss the trade, but that is part of the deal.
I will update if my outlook changes or if I get an opportunity to get involved