{quote} Sunshine you should to Donate your Money.it really help,s you mentally .NOTE:based on my experience Never ever go against central Banks.
you are ofcourse right.
the only thing i know is this...i never go against the Trend, never ever....and...the Trend is still firmly down. ofcourse the trend can reverse from here, should that happen i will trade the new trend till it start to falter.
...but for now, my trades are still with the trend although a few may currently be in losing positions, it does not disturb me.
...Why not ? one may ask, my answer again is...all my trades in this pair thus far are with the MAIN trend
...so what is my Main Trend ?...i look at the Weekly direction of price firstly, then Daily.
...if i have a doubt as to the direction of the trend than i abstain from trading that specific pair.
...from your vantage point it may appear as if i'm trading against the trend, from my vantage point i'm still firmly within the Main Trend.
...lastly, have a look at my trade size on my charts that i posted...my account is not big but that trade size doesn't make my stomach churn should price run against me for a few days or even a few weeks, as long as my original premise for entering the trade/s are still valid, if not, i will cut my losses as soon as i determine that the Main trend has changed for a particular pair.
...i'm not here to trade against you or anyone else, i just trade what i see.
thanks for giving me a chance to clear that up.
so stick to your handle and stay south/short. anyway here is the latest Daily Chart of the EURCHF pair Question:: ...which trade direction has the highest probability of being in profit by the end of the day ? ...south or north ? {image}
By the way isn't he the same one shorting from 1.2055, share with the rest what is your take profit level? 1.15
