DislikedHey palabara. I actually stopped trading for a while to focus on something that was actually making me money. I always liked scalping, but never managed to achieve constant profitability. I remember watching the Asian and European markets for hours on end.. ahh memories
I'm curious about the basis for your above statement regarding the real money being at 1.2910. A quick glance at the charts doesn't reveal anything to me. What am I missing?Ignored
with all that said.. From my nice sources.. I was notified that there was real money buying on those levels.. I'll even reveal them lol its Forexlive.. and they never mislead you.. when it comes to information like this.. As soon as they put out that there is real money, I knew it was going to pull back.. because a drop this big a barrier.. would equal to people taking profit.. you can always count on greed! as people take profit it would cause it to pull back which would cause people to go long and accelerate the move, at which point it didn't go as fast as I assumed, but it did get there before NY session open!
I've been doing this for so long the euro is like my bastard son! I know the psychology, the mentality, its just like anything else in life you've been doing something long enough you get good at it or get out.
Right now, i am going to ride back from 1.2870 back to 1.2890 for 20 pips. its hit rock at 1.2858 right now.. so its close to support it won't breach it anytime soon(next hours).. its going back up to 1.2890. Once again.. I've got my money on it.
There are those who know, and there are those who don't know.