If we pass it, then things are going to be really good.
If we don't then I'm probably going to buy some EURUSD. I'll let you know
Be patient and don't rush please
Think hard and try to think what the people are thinking in the market before you decide what you will do
Trend traders are patient and brave.
I know that some of you are scared because you are not used to stay in the market for so long (scalpers). but look at the market. Evaluate it.
I see a very bearish market. We are trading far below the TS. Everything is saying "be a bear"
So always be realistic and evaluate what you see on the chart not what you think is happening. Just look at the chart and you will know exactly what is happening, you do not need to build ideas in your head about the intentions of other traders and the like.
Just build on the experience so that next time it will be easier for you.
Now going back to reality vs what is in your head. Look at the chart. Do you see one single close , just one, above TS? Do you see that beautiful KS drop? Why would you leave the trade early?
The market changes, it could change again now and start going bullish. That is ok, we'll be with it. But for now, we have to know what is real and what is not. What is real for now is that we are bears.
Here is what I just did
I got out and put a sell just under the low
Go for it if u want
So I am cancelling all my GBPUSD until further notice
Nice pips, See you soon
Conclusion: correct market analysis and a correct entry point are 99,9% of a success in your trade
But regardless of what the market does here, the real value of your posts is the learning of how to use effectively the ichimoku tool, which I'm greatly appreciating.
Still, my short lasted a lot less than I expected but the profits where more than enough to cover the loss in case I get stopped out now.