I feel your pain.....I was in the same position about 7 years ago.
Lost....
2
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Disliked{quote} Price pushed against the resistance until the was breakout above on 30min chart, now price has breached the 4hr resistance at 1.19507 opening new target at 1.20782 ,now will focus on getting entry on lower timeframe. Only if we close above 4hr resistance, then can start buying.Ignored
Disliked{quote} Moty, maybe it's time to focus on weekly>daily>4hr instead of 30min>5min. I feel your pain.....I was in the same position about 7 years ago.Ignored
Disliked{quote} There is no need to focus on those big TFs, but there is a need to check them to see what they are doing. It is REALLY no surprise at all to see price making new highs on smaller TFs when the MN1 is in a RALLY, and likely to hit 1.23. And even though W2 has more than enough bars to end going up, not even M15 can get into a down trend. So if small TFs can't get into down trends, it is IMPOSSIBLE for even the D1 to swing down.Ignored
DislikedWave 4.. target 1.1960/70. Will reload there for wave 5 rides till 1.2190 tomorrow.. And sell there till 1.1720 for next weekIgnored
Disliked{quote} 11720 looks so distant right now. I think you could be right with 11960-70 tomorrow as the current move has paused. There is the usually quiet FOMC minutes later today but I’m hoping if that provides movement is for a drop to below 120. tomorrow and Friday US is off so we could be moving in trend only.Ignored
Disliked{quote} 11720 looks so distant right now. I think you could be right with 11960-70 tomorrow as the current move has paused. There is the usually quiet FOMC minutes later today but I’m hoping if that provides movement is for a drop to below 120. tomorrow and Friday US is off so we could be moving in trend only.Ignored
Disliked{quote} FED want to reduce global infation They figure raising interest rates, will cause people to spend less because there outgoings increase.. Inflation is reducing in America, market see this as positive, USD goes south What you are not factoring in is (I think)..USD has been bought because of fear (flight to safety) now markets are more optimistic, money is be taken out of USD and back into normal sh*t. High USD means everything becomes weak..this also reduces inflation cause people have less to spend Im mostly probably wrong but hey!! Just...Ignored