LONG AT 1.3395 THE 0.618 RETRACE AFTER THE
DOULBE BOTTOM IS BUILT.
Weechat ID: 32114564
but Just curious,
from a day trading perspective:
isn't it to much to ask for a possible 85 pips range overnight? aren't the odds that you might not succeed to reach the full target kind of against you?
even if we might be positive... isn't it better to just take what is more likely, or perhaps what has high odds of happening? ( like betting that the daily range will have a minimum of 30 pips, today what ever the target?)
When I see a nice pattern like this,.,,.I tend to think too far away...and kind of mess up when in performance. Isn't better to maybe break down this 85 pips range, in perhaps 2 potential trades? And actually lock up gains along the way..? As this move could happen but in a matter of 2 or 3 days....?
I like your style of trading, Thanks for sharing!
What scale ...move amplitude in terms of price would justify implying The bottom?
80 pips to call a multi day reversal?
I think the same way. ready to completely change my mind once the signal goes off! like pavlov
cool stuff thanks!