DislikedWhen I first traded AU, it was at 0.5xxx. When it went up to 0.6xxx, I thought it was too high. Now most people including myself are thinking it's too low. Eradicating such a ideology of being too high or being too low is a must to be successful in the Forex trading IMO.Ignored
Although you contradict yourself a bit. You say "most people including myself are thinking..."
You need to practice what you preach, brother; eradicate that bias!
Until we see the lows tested and hold, I have to remain bearish. To speculate on when or where the bounce, pullback, reversal (whatever you want to call it) will occur is not only a tiring exercise, but it can be a costly one too (both in terms of real losses and opportunity costs).
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