It's a Win-Win (unless it doesn't happen and we just fall through the floor to 1.10)
It takes time
1
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Disliked{quote} Great thing about trading is that everybody can be right (or wrong). On the Daily we are in a clear downward channel - but at the bottom of the channel as per Ata's graphic - so chances are for the shorter term retrace up. The more conservative trader should wait for that retrace and return to selling from highs. It's a Win-Win (unless it doesn't happen and we just fall through the floor to 1.10)Ignored
Disliked{quote} Great thing about trading is that everybody can be right (or wrong). On the Daily we are in a clear downward channel - but at the bottom of the channel as per Ata's graphic - so chances are for the shorter term retrace up. The more conservative trader should wait for that retrace and return to selling from highs. It's a Win-Win (unless it doesn't happen and we just fall through the floor to 1.10)Ignored
DislikedHi short term is up buy 1157 SL 1144 better target possible 1225 --> area to sellIgnored
Disliked{quote} Here is a good place to start #supplyanddemandforex and choose which suits your styleIgnored
DislikedPrevious 4hr bar was a bearish engulfing bar. Seems this pair still has some space downwards. I just wish they can be fast about it so I can buy for some pips. Selling here is not an option. And even innbuyingnthere must be evidence to support buying before doing so. That move yesterday was a serious breakdown so buying should be done with absolute care.Ignored