Going for it

Yes, the euro/dollar has lost A LOT of move
In 2011 300 pip moves a day was not unusual, and now 80 is a lot...

Making sense?

Or are you still looking for "the edge", "the system", "the secret" or any of that obviously unproven hogwash?
I mean why would 1.000.000 people be looking for "the system", asuming there is one other then the obvious?
Why would they start out thinking such a thing even exists?

So just like in the examples we where looking at last week, the kind of patterns, the kind of PA we are looking for is when price breaks into a new lower or higher level and it does not go back or has a lot of trouble to go back into its previous zone/level/area.
Just like neuro linguistic programming might teach you, dont get stuck on the words. Like Robert Anton Wilson says: We need to be cynical about our words. Its not that words are "wrong", the trap, the problem is that you might be trying to use some set of words and argue with yourself or other people which set of words to use.

Im not sure im making my point clearly here.
I mean that it is of no REAL significance how we think of or describe how we trade. Is it called scalping, swing trading, supply and demand or what ever? It does not make any difference TO PRICE what you call it.

Im not even saying im 100% clear of this problem/trap. My mind is fractured, i have biologically inherited post traumatic stress syndrome, just like the rest of you. This world may seem like a multitude of catastrophic events occuring as we speak, among other things.

I have read such utterly, profoundly confused statements that everyone trades differently and that its subjective "if it works" or not. We dont have personal prices, we trade pretty much the same price with some miniscule variations from broker to broker. Which means that if i buy/sell at a certain price and close at another price, someone else can do the exact same thing and get the same results as i do.

So dont be a looser.
Dont fall for the greed and stupid OVERSOLD/OVERBOUGHT nonsense.
Price will show you.
No need to guess at peaks and valleys.

Could you benefit from a 5 pip SL?

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The answer

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Everything is right there.
You just got to do the numbers.
And pull the fucking trigger, win or loss.

Someone daytrading E/U effectively this year will have roughly this type of statement...
65% wins between +1 and +4 pip
5 % losses between -1 and -4 pip
10% losses between -5 and -9 pip
10% wins between +5 and +9 pip
8% wins between +10 and +20 pip
2% wins between +21 and +35 pip
Ventures/strategies/people aiming to daytrade at other closed positions will not be effective

Ouf of humans trading it, roughly 1% can have that type of statement.
Roughly 80% of active accounts will balance lower on a 365 day cycle.