. hello traders after a strong bullish day its considered we should have a correction but personally in this situations I say there is just 45 percent chance for correction and in a manner its kinda logical to trade with the flow of bulls riding so strong. with a logical sl and tp in these situation we can profit from market long term...
. . tomorrow there is the news coming out for usd , predictions are lower and that makes my prediction probability less accurate
. . . I'm still working on these situations yet I have to back test to many days to get out some statics about how correction works and how much can rely on correction to trade or we may not trade on these special days...
too much talk good luck and good day
. . tomorrow there is the news coming out for usd , predictions are lower and that makes my prediction probability less accurate
. . . I'm still working on these situations yet I have to back test to many days to get out some statics about how correction works and how much can rely on correction to trade or we may not trade on these special days...
too much talk good luck and good day
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as days going on it seems we have a correction , sthing I've checked was crowd sentiment that was kinda against our prediction, for other ideas I have to consider that too that can affect the probability of my prediction