Disliked{quote} I´m loving the rally which ensued. Systems failed? Maestro? P.S: I like the idea of going long, but the timing was just awful.Ignored
On a longer term, the weekly and a Day bottom happened on July 3rd and 4th area at 0.6688 area, it's still above that area.
Can the markets change? Yes at any time! Just because the NZDUSD is not skyrocketing long, that is not how the market works.
for 3 months the NZDUSD has been falling. I have only pointed out a possible Long in this area. I would buy only longs at the bottom of each dip here.
Can it go find a monthly low further down, yes. We pick the best areas to catch a bounce or a retrace. Knowing the future is what we are looking for.
Most traders can't adapt to changing markets very well and become frustrated.
The More You Learn, The More You Earn.....
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