DislikedGents,’
I want to emphasis on the phrase again, “no setup no trade.”
What I was trying to drive here is “Trade what you see”..
At that time, The price was purging down, all new talk about Spain, Euro weak again blah blah…Every tom, dick and harry has a short or just open a short position….
But as a soniker, I am different.. I saw a big vol coming in when it hit Double Bottom here, which make me realize that possible stopping vol coming in..It was near 1.328xx…
That info prevent me from adding short or opening new...Ignored
Thx for the explanations sonic. so far i am affraid to post my trade here just because i am affraid of not using sonic r and i am relaying to much on SR. with that explanation of you i think i am still in the zone. I did go for long both EU and GU. and tp reach at EU+38 and GU+44
Money Management and Patience is the Key