Take a look on the chart, currency rate made fake broke of 10 — Months Low. H1 — H4 close upper that level. That shows that big players have the interest to move currency rate up.
I set Buy limit at 1.3053 S/L: 1.2997 T/P1: 1.3403 T/P2: 1.3645
@ThilakKumarTvr, Wow. So you really cannot figure out for yourself what is happening? Try and learn to trade for yourself.
Instead of attempting some form of analysis, this author tried to "guess" what other competent big time traders were doing. The trade idea has already crashed spectacularly. SL hit.
Yuriy_Bishko
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@chaosbegone, Yes it did. I have 50% of losing deals, and what?
My risk rewords 1:4 or more. You can count how much do i need to profit deal for be in profit.
chaosbegone
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@YuriyBishko, I'm sorry, your reply doesn't make any sense. I can only guess at what you meant to say...
If you truly understand risk management and how to analyze the market...then why are you asking: What happened?
chaosbegone
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@YuriyBishko, Aaah my bad. wrong person. You are the one who posted the failed chart/trade without any analysis and guesswork about big players in the market. But you want to give people signals based on shoddy guess work. Isn't it wise to put some real analysis down about why you thought your trade would work?