Disliked{quote} Yeah well, No certainties my friend, only posting ideas. I'm not here to hold your hand trading, you do that for yourself. Descision to take trades is up to you. Trade your plan, do or don't trade the news, I don't make those rules for you. They don't always work out, nothing does! Besides, why would you take a 45pip loss? Ever heard of a stop loss? Stop loss goes 5 pips above X, when you trade harmonics. That would be a 10 - 15 pip loss. I also posted, after evidence fyi. If my ideas aren't appreciated, plz feel...Ignored
If you traded USD pairs on thursday and friday and got fucked, it's your own fault.
I said it a hundret times, smartmoney calculates the numbers six months in advance and uses the dumbmoney's vola to trade out not in.
If you be dumbmoney or smartmoney is up to you. It's a decision that you need to make for yourself.
Making an educated trade around red flags based on calculations made well in advance with taking into account the economical situation, the geopolitical situation and the "large picture" intermarket correlations, all based on the results of the best paid analysts you can possibly find, is one thing.
Sitting in your bedroom with your laptop, clicking the monkeybutton iin dreams of riches, punting the NFP in hope to get a luckshot is for idiots.
If you lost because you traded someone elses thoughts and ideas, you did not lose because the idea was wrong, you lost because you fail to learn anything about trading and try to walk the easy road to success, which btw does not exist.
Don't play blamegames.
"uuuh harmonic dodn't work... on NFP day... I would have lost 700 quid if I traded it.... conclusion: harmonics don't work and Mr Gartley was wrong, I make a forum post yipppieeeee"...
ever wonder why really good traders stop posting after a while? That's why.
you are not expected to understand this
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