Could be a gamble here but this support area could be the ideal long area for the bounce up. Might try with a tight s/l to 14100
Insane in the Brain..
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DislikedCould be a gamble here but this support area could be the ideal long area for the bounce up. Might try with a tight s/l to 14100Ignored
Dislikedsome 30 to 40 pips bounce possible from 4110. stop 10 pips. Yes it is gamble.Ignored
Disliked{quote} Ok "anus" erebus. Traders should not show their profits. It makes no difference. Its about education and how market works. The money part is your own risk. Every trader earns differently. It changes nothing if someone shows their money account. That is the problem there with trader Tom, as soon someone starts flashing millions, you know they are liars. You need a lot of experience and do research. You are long way from being a full time trader with real money. Anton institute teaches macro trading. That holds the position 1...Ignored
Disliked{quote} Ok "anus" erebus. Traders should not show their profits. It makes no difference. Its about education and how market works. The money part is your own risk. Every trader earns differently. It changes nothing if someone shows their money account. That is the problem there with trader Tom, as soon someone starts flashing millions, you know they are liars. You need a lot of experience and do research. You are long way from being a full time trader with real money. Anton institute teaches macro trading. That holds the position 1 to 3 months and...Ignored
Disliked{quote} Thanks for the feedback on the research posted. 1.4083 and 1.4249 were the high and low prices of last week being the first 4 trade days in June 2021, so I added and subtracted 205 pips to these prices which gave 1.4388 and/or 1.4044. 205 pips is the lowest range of the last first 9 trade days of the last 12 months (1 year) The 90%, 60% and 20% chances were given based on the number of repetition and ease of attainment of smaller ranges instead of bigger ranges. In summary it is easier to see 205 pips range in the first 9 trade days than...Ignored
DislikedJust remembered a story of some mentor, called ICT, who craped himself up with proving he is a profitable trader using his own methods. It was somewhere on BabyPips. But he make a living from mentoring. ¯\_(ツ)_/¯Ignored
Disliked{quote} Hi Guys, Yes indeed, Nfp was another headache. No one could have anticipated another bad or less favorable outcome. Having said, I am treating this as another good opportunity to get into short trades from a daily perspective. Anyway, I know my tolerance levels and I don't suggest anyone follow me. Swing trading is never an easy feat. Have a great weekend folks. Cheers {image}Ignored
Disliked{quote} Thanks for the feedback on the research posted. 1.4083 and 1.4249 were the high and low prices of last week being the first 4 trade days in June 2021, so I added and subtracted 205 pips to these prices which gave 1.4388 and/or 1.4044. 205 pips is the lowest range of the last first 9 trade days of the last 12 months (1 year) The 90%, 60% and 20% chances were given based on the number of repetition and ease of attainment of smaller ranges instead of bigger ranges. In summary it is easier to see 205 pips range in the first 9 trade days than...Ignored
Disliked{quote} Thanks for the observation Navk. Re analyse the chart again and looking possible entry point marked on the chart. SRF level just below. With regards to S&D zone, we may have to seek mysterio opinion on the validity of the particular Demand zone. {quote} Attached chart ; stopped out trade with Flag Limit area. {image} This trade has been stopped out.Ignored