My alarm didn't go off and I missed the bearish move at the New York opening. Let's see what happens during the day. I'm tempted to go short.
{quote} What was your reason to go bearish?
The trump effect on the dollar has me thinking its going to get stronger before it gets weaker so that has me cautious on going long with the EUR/USD right now. but i can do that with mirroring on other pairs that just have less volatility and still get the longs in different ways.
regardless of how the market moves.. I have positions that go green and positions that go red. its an assembly line of closing out positions when they turn green and opening news ones. it has been very ... VERY successful for me over the last 3 years. I'm expecting to be able to quit my daily job and do this full time within the next year...
- #220,364
- Jan 8, 2026 9:52am Jan 8, 2026 9:52am
Price didn't give a clean 4H close. Daily FVG is still supporting the direction, but clarity is missing.
Everyone sees the market differently. Some will trade the noise. Some will predict. Some will force a bias.
My mindset today is simple: wait.
No rush, no pressure to participate. Let the next day decide. Let the market speak first.
As long as the capital is safe, there's no urgency. Opportunities don't disappear, impatient traders do.
Calling it a day. See you next session.
Everyone sees the market differently. Some will trade the noise. Some will predict. Some will force a bias.
My mindset today is simple: wait.
No rush, no pressure to participate. Let the next day decide. Let the market speak first.
As long as the capital is safe, there's no urgency. Opportunities don't disappear, impatient traders do.
Calling it a day. See you next session.
“Fall seven times, stand up eight.”
- #220,366
- Jan 8, 2026 10:11am Jan 8, 2026 10:11am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
Focus only on what truly matters!
- #220,367
- Jan 8, 2026 10:34am Jan 8, 2026 10:34am
- Joined Aug 2011 | Status: Trader | 4,956 Posts
As the lights go by so too do the shadows move
Now starting toto accumulate Buy orders down here. {image}
PA is P-A-T-H-E-T-I-C
Price Action Telling How Exasperating Trends Indicate Corrections
My Charts / Ideas Do Not Constitute Any Advice. Always Do Your Own Research
- #220,369
- Jan 8, 2026 11:17am Jan 8, 2026 11:17am
- Joined May 2014 | Status: Full Time Trader | 27,096 Posts
Closed latest sell order here at 1.1652... Calling it a day folks...
I hopefully start my analysis from scratch tomorrow... Stay blessed
I hopefully start my analysis from scratch tomorrow... Stay blessed
Focus only on what truly matters!
- #220,370
- Jan 8, 2026 11:35am Jan 8, 2026 11:35am
- Joined Aug 2024 | Status: Trader | 1,082 Posts
I sell now toward 1.165xx
{quote} PA is P-A-T-H-E-T-I-C Price Action Telling How Exasperating Trends Indicate Corrections
Failing that the 61.8% at 1.16/1.1597 ish
My Charts / Ideas Do Not Constitute Any Advice. Always Do Your Own Research
{quote} Open a demo account, you can get confidence and experience for free. tbh, when you are new to trading, getting hurt is a good thing, its a lesson dressed in a punch. I wasted 2 years because I started trading during a bull market, thinking actually knew anything, when it was all luck. I gave it all back and more + a big detour.
. Thank you so much for the advice!!
2000 elo sometimes...
{quote} If you feel bad about losing money, something's wrong. Relax, we've all lost enough money at this. I recommend the same thing as Riziq-Cap: open a demo account. If you don't feel confident with a real one, start with the demo and find a strategy that suits you until you feel ready to go for a real account. Every time you win a trade, don't say to yourself, "Damn, that's money I could have won with real money." On the contrary, imagine the demo is the real one, and if you lose money, imagine it's real money. You'll gradually train yourself...
2000 elo sometimes...
