DislikedI am looking at AN Monthly chart and i see that we might go all the way to the low at parity. I was long building my positions but exited at around 1.0470 as it looked like we were in a corrective structure and heading down again. I think next week or in 2 weeks with pivots updated we will have good entry points at one of the resistance ones. Hope we dont go that low but you never know and should be prepared for anything. {image}Ignored
You have the wrong mindset.You should have not exited at 1047. I have long positions from 1060!! still confident about it.
We are not looking at monthly charts we trade swings!!This is critical to understand.
Anyway don't have the energy to tackle your post in much more detail but suffice to say it does not represent this system.
In trading, you have to be defensive and aggressive at the same time
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