This is why I never listen to the crowd. Everywhere I looked during the past days theres been loud talk(screams) about shorting eurusd. A few short-term on lower time frames I can agree on, but overall I stuck to my plan which I executed 2 weeks ago.
My reasons for entry where:
Gartley formed previously with D completion above my entry, with X not yet violated.
Entry point at bullish trendline.
Heavily oversold condition(RSI) at entry.
Below this trendline we have serious structure support, where I place my SL below these 2.
Since the support withstood the test, I did not deviate from the plan, I just accepted other peoples ideas, but I did not act on them. And that is pretty much what trading is about. There will be different ideas, and you can agree with other people without changing your own gameplan. Stick to your plan, accept input, thoughts, ideas from others - but dont act on them unless they are according to your already laid out plan.
Thanks for this time, see you soon,
T
My reasons for entry where:
Gartley formed previously with D completion above my entry, with X not yet violated.
Entry point at bullish trendline.
Heavily oversold condition(RSI) at entry.
Below this trendline we have serious structure support, where I place my SL below these 2.
Since the support withstood the test, I did not deviate from the plan, I just accepted other peoples ideas, but I did not act on them. And that is pretty much what trading is about. There will be different ideas, and you can agree with other people without changing your own gameplan. Stick to your plan, accept input, thoughts, ideas from others - but dont act on them unless they are according to your already laid out plan.
Thanks for this time, see you soon,
T
Comment:
I want a piece of the cake, a piece which I can easily grab. Because one small piece at a time will over time give you as many cakes as you want.