Here's a prediction I was wrong about. I thought it was going to go up but had pretty strong weakness so stopped watching this pair.
This is an excellent example of using real time trend strength to either confirm or deny overnight predictions. I thought it was likely to reverse today and go up. Price action on Friday gave me this belief but I was TOTALLY wrong. I think what separates a professional trader from a losing retail trader is knowing when NOT to trade their predictions. I think its pretty easy to tell from this chart its weak and not likely to go up.
This is an excellent example of using real time trend strength to either confirm or deny overnight predictions. I thought it was likely to reverse today and go up. Price action on Friday gave me this belief but I was TOTALLY wrong. I think what separates a professional trader from a losing retail trader is knowing when NOT to trade their predictions. I think its pretty easy to tell from this chart its weak and not likely to go up.