Disliked{quote} Best choice. Killer Whale I have a question if you have the time. What is your method for calculating your levels? Clearly you have experience in FX, i remember you saying to me you worked as a trader for.. 8 years from memory, min target of 50 pips a day.. I use channels, s/r and fibs. work on price action. trading an H&S on the EUR/USD aiming 1.25 where I will close all shorts, turn around and long, increase number of longs for each 100 pip drop from there. trade strategy pinned on 1.19-1.20 holding {image}Ignored
My levels?
I have warned April 24 we are gonna get a break out lower, it took till May 9th and yes we got it.
Break down below 1.2800.
What was it?
My crystal balls? Tarot cards?
I just follow simple logic.
Or was it the rising wedge which is a very reliable bearish pattern?
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