10 x 100 = 100 x 10, stefx, retired scalper.
DislikedI agree with the others that the pin is in traffic so I may pass on this trade, however this little range of consolidation has formed at support, so there's no way I would go short. I would say the PA is more bullish than bearish due to the last candle closing higher than the others.
I wouldn't be suprised if we had reached a fibonacci extension of the initial move down from 42 to 32, possibly a gartley, so another clue to the long side.
If I had to go long, I would wait for a pullback because theres not a lot of room to resistance at 30.
DislikedI am currently long this pair (since 13/06)....Ignored
Do you wait for the close of the candle, or does the trade determine you waiting for the close? Ive been waiting on closes and missing tons of trades lately. Its driving me nuts right now.Ignored
DislikedIf I am going to do any British comedy type bands - it's gotta be one called Lawnmower Deth. And that's a great question - why do anarchists drink herbal tea? lol.
I remember when they were a bit tougher crowd myself.Ignored
DislikedNow CW, we could seriously fall out here... Lawnmower Deth are NOT a comedy band, it's serious stuff you know
What are joy division oven gloves anyway? I love the picture of the oven gloves with love and bake on them. I've met loads of guys with the prison tats saying love and hate. Love and bake is more my scene, as you can imagine being a girl.
Oh, and anarchists drink herbal tea because all proper tea is theft. lolIgnored
DislikedI must admit - Lawnmower is dead serious stuff! Satan's Trampoline is my fav!
Of course, most Americans don't have the taste and culture it takes to listen to LD.....
So as usual, I am in the minority.
DislikedI can tell you this - the moment you "anticipate" a trade, it will kick you in the ass. I cannot tell you how many times that cost me money.
Patience. Missing a trade shouldn't drive you nuts, that's not a great mindset. There is always something to trade out there, if you let it come to you.Ignored