Thanks for the support; don't pay any attention to me, I'm just rambling... It's just a generic quote that I have heard over the years; it actually gives hope to breakout traders ...
I think what he is saying is that most "break outs" are actually liquidity hunts. Stop hunts, or whatever term you would like to use. That break to the bottom surely proved to be ...
If 80% of breakouts fail what about the other 20%? Do they break out with big volatility and unlikely to return to the entry? If so, I'll take those. But maybe you mean trend ...
Went to sleep during LO and my AJ long was stopped out. Picked up EJ in US though, was going to hold it over the weekend but closed it after I saw it was up 90+ ...
that was a good trade...
Waiting for intervention...
We are sitting right under a weekly resistance on H4 & D1 we are right on it. From H4 we just at the resistance at around 1.0700. It seems from here we can go down to 1.061 if ...
TS +20 Pips. 51 pips for day. I fell asleep due to life and missed a few pips.... and didn't quite give enough room on the news spike but a good day in all. Have a good weekend ...
Have a great weekend everyone!
Free advice for everyone Today's data release is the kind of thing which blow all technicals up in the air in flames. PCE closely relates to inflation and inherently ...
Back on sidelines again... What a day huh? Just checked the clock and realized it is actually too late to hunt for new opportunities at this point of the day... So it is best to ...
Guys, taking a bit of profit and tightening stops is just the right thing to do now because you never know. Probability still with collapse but better to play safe.
Hi Fardeen, As promised, I'm sharing my "recycle leverage" money management approach for forex trading. This strategy revolves around reusing the same capital repeatedly while ...
EU H4 W&R still needs confirmation but bearish Macd divergence is obvious, the level at which it happens...significant. Not out of the wood yet!! Spikes up still on ...