Hey Traders currently involved here and building some positions for a potential 500-1300 pip retrace. Although this is a daily chart with more room to the upside I'm looking at the weekly big picture for some potential left side structure so "IF" this high wire no net trade is going to work out, it will take some time. Oil has a lot to do with this ballistic move that has made oh so many traders cry uncle and bust there accounts trying to short into it but the market is obviously pricing in a rate cut from the BOC next week as well. Imagine if they disappoint? lol.
The market says not so as usual it is getting ahead of it. That said if they do and its already priced in....what do you suppose happens next? Time tells all.
All the fundi mumbo jumbo aside though, this has proven to many to be a dangerous trade trying to stop this rocket so unless you have the patience, stomach, discipline, and most importantly account size and good MM you should probably leave this trade for the professionals as this pair is more than likely gonna see 1.53 or above. The question everyone wants to know is...When? lol Until then
Don't waste your time posting how crazy i am. Well you can if you want to but everyone already knows!
Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank! Game changing Bank!! The kind of Bank that makes you just Think and Grow!!
The market says not so as usual it is getting ahead of it. That said if they do and its already priced in....what do you suppose happens next? Time tells all.
All the fundi mumbo jumbo aside though, this has proven to many to be a dangerous trade trying to stop this rocket so unless you have the patience, stomach, discipline, and most importantly account size and good MM you should probably leave this trade for the professionals as this pair is more than likely gonna see 1.53 or above. The question everyone wants to know is...When? lol Until then
Don't waste your time posting how crazy i am. Well you can if you want to but everyone already knows!
Enjoy, have fun, trade your plan, make a great day, do your own due diligence and may we all make bank! Game changing Bank!! The kind of Bank that makes you just Think and Grow!!
Don't follow me! You can and most likely will LOSE all your money!!!!
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