DislikedDear Dadas, It is from post 111 http://www.forexfactory.com/showthre...37#post6536237 Please give me some notes, thanks {image}Ignored
You have written it out, by yourself!
"I don't have enough confidence" - Your own words.
Of course you do not have enough confidence, if you have no strategy and little experience!
Of course you do not have enough confidence, if you do not know which trend you are trading!
Of course you do not have enough confidence, if you do not know what your target is!
I have explained many times, and in examples how the analysis should be done,
how to decide your strategy about which Tf you want to trade, how to define your target for the trade.
Yes, it is a Retrace of Downtrend.
But the larger trend is Up, already from H4 PTECZ.
From A Down stopped even Higher than before.
Which Pips are you interested in?
The Retrace on Retrace Pips or the Trend Pips? Do you know that?
Which Trend are you Trading? Do you know that?
Or, are you just doing something, but not knowing what?
It is not just about the PTECZ!
You will never know, until you get confidence!
You will get confidence, when you have 1 strategy you will always stick to.
You will get confidence, when you put your act together and start making Profit Trades.
Trade the facts, not opinions.