Disliked4 hour situation! like i said in the post above; we are likely to see retracement which will trigger a sell signal. the 4hour char is saying the same thing. Price is at the top of the trend line (channel) in the 4hour now, see my chart below. therefore price is very likely to find resistance at that level and that will trigger the retracement i have mentioned earlier. {image}Ignored
I took the recent retracement (from 1.3560 to 1.3531). However, it turns out red pips for me.
The TP was placed at 1.3525, previously stubborn resistance. The price never went there, it shoot up instead.
SL was hit at 1.3595 and happily re-enter the EU with bullish view intact.
Now targetting 1.3750 and a possibility of 1.38, with SL mentally placed below the 21 day EMA (around 1.3550)
Richard, don't be too shy to post. We are here to help each other.
You have binnie, Yvon, HappyMe, Naustingfx, Mr Philip Nel himself.. and.. and you surely got me bro!
I know it hurts! It hurts me a lot.
Take a break will do ^^
Trading is not about copying Yvon's trade.
Nor be able to know when the TC will be coming.
It is about finding a strategy that really works for you and you only. Trading is a very personal experience.
Here you will have someone to watch over your blind spot, and tell you how to fix it.
Someone to carefully agree with you, and telling you how to do it better.
Remember how you advance in this strategy, you learn something new.
Don't trade for the money.
Trade because you like it.
Own your own mind.