For those of you who don't know, we cover many markets at S.C. Forex is one such market and a technical perspective is published frequently there. What I am presenting here is an example.
With the far from beyond compromised, price is more likely to reach the 1.4301 reversal zone boundary. Forex is a market that I trade both long and short, on a day trading and swing trading basis. This means that IF price action establishes a clear reversal pattern near the 1.4301 area, I will be open to looking for shorts, even in the face of a generally .
The key to navigating markets like these is having realistic expectations that are relative to market structure, not random opinions or feelings. If price never produces the signs that I would look for, then I stay out and wait for the next setup.
I share this perspective frequently on S.C., You will see updates to this perspective and any trade calls there.
Comments and questions welcome (PM for response).