Long at 1.12318 SL 27 pips
Closed other longs earlier for loss
Closed other longs earlier for loss
ex nihilo
1
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Disliked*On a side note, trading the shark (or any other harmonic pattern) doesn't mean the market will completely reverse. It just means we can profit from a potential bullish retracement and speaking for our shark, I am targeting a zone between fib 38.2 to 61.8 area measured from A to D leg of the pattern. Roughly a zone between: 1.1265 to 1.1285... Stay GreenIgnored
Disliked{quote} Good luck I bought earlier based on H4. Hoping to recover yesterday’s lossesIgnored
DislikedWith due respect to you guys. I am a newbie and are still trying to learn and mostly take help watching YouTube videos. I follow this thread regularly and I read that today's drop was a big surprise for most of you but it was spotted and predicted by one of the YouTuber forex traders back in March. He does his analysis based on long term trends. I am no one to advise you guys but I think one of the key successes in day trading is identifying long term trends and never trade against it. Thank you.Ignored
Disliked{quote} Only one? Long term trend is down, that's true. But yesterday was absolutely within "normal" parameters of daily swings. In fact we haven't broken any lows of seen anything unusual. This year there has been little volatility on the EU but until recently 70-80 pip daily range was the average. It is very easy to predict (up/down has a 50/50 chance of being correct) what is not so easy is to see the signals and make the correct entry/exit with the correct risk and money management to consistently make profits.Ignored
Disliked{quote} lol remember January when the range was like 15 pips ugh happy easter everyoneIgnored
Disliked{quote} Happy Easter and thank you! I have been trading for just a year and this slow range is like "what"! Are the trading gods playing jokes on us.Ignored
Disliked{quote} It will move (a holiday in one part of the world is a normal working day somewhere else, and banks have global branches not to mention algos and money changers are always at work), just not as fast as you would expect. I vaguely remember certain ‘off’ or supposed low volatility days churning up a nice huge range last year, but then again it’s Easter so everyone I hope you guys are enjoying it with your loved ones and have a great extended weekend man!Ignored
DislikedSlow day, but short 1.12442. SL at 1.1280 (just want to put it far away). Would like to see the week close very near 1.12 and then I'll buy again depending on PA. Happy Easter to all.Ignored
DislikedToday has been a really slow day with nothing much happening. Although i do want to note that price has gone back up above the 61.8% retracement level (1.12374) meaning that this could be retracement bounce. But really nothing has happened and i would not be surprised if nothing significant happens for the rest of the day, might have to wait till next week before we see some movement.Ignored
Disliked{quote} USD news at 13:30 BST might spice things up a little. That remains the best chance of some volatility todayIgnored