Will you ever stop predicting? Many of you are losing all day long today predicting and shorting, predicting and shorting. How much money do you have to lose to stop making same mistakes over and over again. Tricky PA, first day of the month, high volatility. You spend hell of a time learning how to trade - how about teaching yourself how not to trade?
closed all my longs at high orange TL now, will load again on retrace if price will not create LL, and on breakout too. Now shorting with very tight SL, but looks like price consolidate before break, so hope for next two week plan longs
dude what short didnt lawrence said it... where up and price action is still up maybe a bit of retrace cant u see everyone is buying...
i
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Why not wait for the 1.23.98 june 28 high -at least- to short?
thats the closest resistance,
or further higher after this strong buy up of Eur - 1.24.90 - june 21st daily high
Will you ever stop predicting? Many of you are losing all day long today predicting and shorting, predicting and shorting. How much money do you have to lose to stop making same mistakes over and over again. Tricky PA, first day of the month, high volatility. You spend hell of a time learning how to trade - how about teaching yourself how not to trade?
Ignored
First of the month + First day of Quarter (3rd quarter) + higher than expect unemployment numbers + upward trend retrace in favor of EUR = at the moment, bad for USD.
I think some traders are calling shorts way too soon without any reasoning or proof to back up their claim, causing a lot of new traders to "parrot" the same response. Wait for a valid reversal bar if your play price action or follow your indicator's reversal rules before calling shorts. It's OK to anticipate a short soon but many are calling their shorts flat out. Wait for validation and then take your trade.
Well the shorts from 2287 have worked out fine, still have those shorts from 2180 going on though so thats a bummer =/ I see several down movements, i still see more down movement, targets are either the purple lower lines.
Waiting for 2210 to decide if im going to cash in the profitable ones and cancel the unprofitable ones (even though im in the green right now), or if im holding on.
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Cancelled the shorts at 2194 for an overall profit, didnt see enough momentum, glad i didnt take losses but this was a close one.
The recent shorts took a hit because trailing stop kicked in from todays surge.
Why not wait for the 1.23.98 june 28 high -at least- to short?
thats the closest resistance,
or further higher after this strong buy up of Eur - 1.24.90 - june 21st daily high
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i just think that selling when price action doesn't confirm is risky very risky.
i shorted today with price action once got 10 pips the other time lost..
its just my thinking dont sell if green candles are out there
