you know which one, but to soon to say 1.331 not so far for a kiss and BOOM, ROSE dunk and lands badly on his knee.
How bad do you want it?
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DislikedFollowing the trend is good but the hallmark of a smart trader is ability to avoid buying tops or selling lows. Be discerning.Ignored
Disliked{quote} GOOD ONE. lol you know which one, but to soon to say 1.331 not so far for a kiss and BOOM, ROSE dunk and lands badly on his knee.Ignored
Disliked{quote} If previous top is 1.3314 then price is trading at 1.3260 this means we are only 50 pips away from recent top, this area should be where profit should be taken off the table not where price should be bought. Most traders that buy close to high often get trapped. How about setting a sell limit 100 - 200 pips above the recent top to avoid being trapped or a buy limit of 200 pips below the recent top to avoid future trap. The most important characteristic of a good price should be its repeatability in such a way that even if price goes against...Ignored
Disliked{quote} If previous top is 1.3314 then price is trading at 1.3260 this means we are only 50 pips away from recent top, this area should be where profit should be taken off the table not where price should be bought. Most traders that buy close to high often get trapped. How about setting a sell limit 100 - 200 pips above the recent top to avoid being trapped or a buy limit of 200 pips below the recent top to avoid future trap. The most important characteristic of a good price should be its repeatability in such a way that even if price goes against...Ignored
Disliked{quote} Please visit this thread. Yeah, lol, I know which picture you were talking about. But to be an anal prick, he wasn't going for a dunk then lol. Alright, my longs are already in profit and secured, so I'm not worried. Bears can attack, I will TP accordingly and find new dips.Ignored
Disliked{quote} Hi George, But We cannot consider 1.33 as a TOP if we both agree we are in a bullish trend. Not even 1.347. Only a matter of time, these two supposed top will become ‘turncoat’ I am anticipating the first turncoat at your 1.33 today/tomorrow. Lastly, we just had a solid turncoat at 1.314 on the daily TF.. If anything, this is likely to take us to 1.347 with ease. I hope I have been able to explain my idea behind buying.. Other bulls may have similar or different reasons for buying .. end of the day, bulls and bears are just speculators....Ignored
Disliked{quote} The recent top is 50 pips away but why would we think PA would reverse over there? Why not considering 1.3477 top? setting sell limit 200 pips above 1.3477 would be an awesome idea but why wait for price to push 300-400 pips and then sell? Im not a swing trader more like a scalper so i live on 30-50 pips per day so buying and selling always comes with tight SLIgnored
Disliked{quote} From November perspective 1.3260 is just 50 pips away from top From Yearly perspective 1.3260 is 220 pips from top with a massive 1860 pips distance to the yearly low. Also noteworthy that from 2011 till 2019 the maximum yearly range is 1900 pips before pandemic year 2020 marginally broke the maximum yearly range to 2088 pips which the current price is just 200 pips away from it. The rejection of 800 pips from 1.3480 high of September clearly shows that price often respects distance covered whichever way you look at it.Ignored
Dislikedmy 1.3280 sell limit triggered.. thats my first short setup.. second 1.330 area if we go there ofc.. me targeting 50 pips from 1.3280Ignored
Disliked{quote} I think it’s got something to do with your ‘Spread’ .. what is your spread on this pair? Same thing would happen if it was a pending order SSIgnored
Dislikedlets see.. can this w1 resistance zone hold??.. i take a risk for counter trend for small corection.. and search dip.. im still on bullish bias..Ignored