Traders
How Is Everyone?
Like I said before
If 1.2950 is taken out, target 1.2650 TP and that this trade will take between 2 to 4weeks to get to that TP
Well 1.2950 has been taken out - I rest my case.
I would like to share with you all - that Im a position trader. The market trends only two times per year and for the rest of the year it moves side ways. The EUR gave confirmation at 1.3180 which I shared was the turning point for the EURO. The Euro will now be trending DOWNWARDS and I will be holding all my shorts.
Once again - I ask you all to trade responsibily and if you are a bull trade your plan and if you are a bear trade your plan -
Traders, I am not a scalper - I know extremely well how to scalp, but it takes up too much time and effort. I have been away for one week and after completely ignoring the market for one week - look at where we are 1.2881 and falling.
Its just my personality to be patient and not to get wrapped up in reading every TF and paying attention to the market every minute.
Regardless of the size of your account - if you manage it well you also can position trade - it just will take alot longer to grow, but Im in no rush and your account stays greener instead of RED alot longer.
I Remain Short
Again, this is just a personality issue and what I find best for me. Looking at the charts last week Im seeing that alot of nothing went on and it may have been very difficult for scalpers to get in and out of trades in they didn't know what they were doing, but as a position trader, none of last week would matter to me, nor would the news, because the trending of the market was already confirmed from 1.3180
Respectfully,
HDA
How Is Everyone?
Like I said before
If 1.2950 is taken out, target 1.2650 TP and that this trade will take between 2 to 4weeks to get to that TP
Well 1.2950 has been taken out - I rest my case.
I would like to share with you all - that Im a position trader. The market trends only two times per year and for the rest of the year it moves side ways. The EUR gave confirmation at 1.3180 which I shared was the turning point for the EURO. The Euro will now be trending DOWNWARDS and I will be holding all my shorts.
Once again - I ask you all to trade responsibily and if you are a bull trade your plan and if you are a bear trade your plan -
Traders, I am not a scalper - I know extremely well how to scalp, but it takes up too much time and effort. I have been away for one week and after completely ignoring the market for one week - look at where we are 1.2881 and falling.
Its just my personality to be patient and not to get wrapped up in reading every TF and paying attention to the market every minute.
Regardless of the size of your account - if you manage it well you also can position trade - it just will take alot longer to grow, but Im in no rush and your account stays greener instead of RED alot longer.
I Remain Short
Again, this is just a personality issue and what I find best for me. Looking at the charts last week Im seeing that alot of nothing went on and it may have been very difficult for scalpers to get in and out of trades in they didn't know what they were doing, but as a position trader, none of last week would matter to me, nor would the news, because the trending of the market was already confirmed from 1.3180
Respectfully,
HDA