I've gone through this thread https://www.forexfactory.com/showthr...8764&page=1821 and my suspicion has been confirmed. That pivots and support and resistance are subjective imaginary lines created by the market makers to know peoples positions and blow accounts overnight. Check the posts on the referenced thread from date 8/April/2020 to 9//April/2020. The pairs that were thrown about as people took positions were AU, AN and AC with the system confirming rejection for two hours. Today April 9 its been a major long candle on against a resistance level. No stop loss would repair that. The injuries, jeez. Anything in the market or forums will blow your account. Learn from experience. Observe charts.
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Do your homework, follow the footprints of smart money
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Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
- Joined Dec 2015 | Status: Member | 7,892 Posts | Online Now
Do your homework, follow the footprints of smart money
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life is a reflection of what we allow ourselves to see