@Praguinha, Hi, yes if I was that fast I would sell at 1,5935 but the body of the first bearish bar after double top doesn't complete until 1.59286 so I try and sell around there, depends on timing.
Praguinha
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@marketdiverfx, Now it seems to overcome the resistance, but i still think thats going to fall until 1,56 in a few hours, what do you feel?
marketdiverfx
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@Praguinha, because the uptrend is so strong and my first trade was a misfire, I honestly have no idea. I'd need to see a strong reversal pattern for a rotation down.
marketdiverfx
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@Praguinha, Market was making new highs, new structure highs at the time, just missed it so contributed to loss. But that's all part of it.
Roychombela
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@marketdiverfx, hi. I am holding a sell position on this pair, do you see it dropping sometime soon ?
marketdiverfx
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@Roychombela, I would need to see your chart and what time frame you are using to make your decisions, then I can give an estimate. Every trade is 50/50 chance so over a series of 50 to 100 trades you'll know your profit potential. But I need to see exact entry and time frame and target to make accurate assessment.
marketdiverfx
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@Roychombela, I wish there was an easier process but trading is a combination of so many elements.