FX:GBPCAD   British Pound / Canadian Dollar
48 6 0
:-( Probably heading for 1.83000 now.
dvarrin ForceFollower
I'm still expecting it to recover and reach PT1 (PT2 on the chart).
Harmonic patterns should be profitable about 80% of the time, but I'm closer if I say that for me it is not at all profitable 80% of the time. Really wondering what I'm doing wrong.
I like your honesty, pal. :-) You're not alone. I ask myself the same questions now and then. :-) You know, sometimes it's not about the patterns' reliability but about the position sizing. At other times, it's about being more selective about the trades you take - just the best setups of the best. Like, for instance, perhaps currently looking to go short CADCHF with a risk you can take and a target both attainable and justifying the risk taken... And last but not least - it is you who decides and you get tired deciding, so you have to know yourself and manage yourself the best you can.
dvarrin ForceFollower
Ty ForceFollower ;-)
Now, time to go up!
dvarrin ForceFollower
I would like for sure ;-)
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