EURUSD D - I don't like this one, but i "have to" take it.
Here we can see price in context of a Fork & A/R set.
I really don't like to go long here, because my stomache is crunching when i go long here...
But it's not about my stomache, or my feelings, or my big toe's nail.
It's all about numbers = statistics, risk, reward, occurences etc...
And most of all, i know price is reaching the centerline over 80% of time.
Soooo....if i really want to follow a profitable longterm trading startegy, i HAVE to take this trade, and i took it, even my big toe's nail's now broken §8-)
P!
Learn To Earn with Action/Reaction (free4you): mytradingcoach.teachable.com/
I really don't like to go long here, because my stomache is crunching when i go long here...
But it's not about my stomache, or my feelings, or my big toe's nail.
It's all about numbers = statistics, risk, reward, occurences etc...
And most of all, i know price is reaching the centerline over 80% of time.
Soooo....if i really want to follow a profitable longterm trading startegy, i HAVE to take this trade, and i took it, even my big toe's nail's now broken §8-)
P!
Learn To Earn with Action/Reaction (free4you): mytradingcoach.teachable.com/
Comment:
One day more - One high more...boring §8-)
Comment:
We know that such sharp moves are not sustainable for long.
Where is potential support?
Here is my guess:
Why do i think price has potential to hold there?
...it's allways comming back to the scene of the crime, as my mentor allways said ;-)
Where is potential support?
Here is my guess:
Why do i think price has potential to hold there?
...it's allways comming back to the scene of the crime, as my mentor allways said ;-)
Nothing to do...