Lukx - good point, we (all who are short now) missed one thing -> check my pic, there was a brakeout on m15. But Im staying in that SHORT anyway...
lukx zline trading log + cfabian p.35 + adaseb p.48
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IN-XS wrote:PTG, with regards to your entry short from 1.6243, do you enter like Dragon's method, or are you looking at supply and demand area's?
supply/demand.
If this fails, look at 1.6259-ish.
There is $ news coming up today.
Extremes may be hit so be careful
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IN-XS wrote:Thanks a lot PTG I have been trying to trade like that, but today I found it broke through a lot of area's and I always seemed to be on the wrong side.
You need to take the bigger picture into account. Consult higher timeframes and look where you are in that bigger picture. You cannot go against the bigger picture (unless you're crazy that is )
There's no business like [strike]show[/strike] covid19 business.
IN-XS wrote:Thanks for your answers PTG, are you still short?
This is not the best of trades really. I'm still short. First target 1.6200, second 1.6150, 3rd 1.6120
Market is dead. News in 1.5 hour.
The issue is that the news will cause volatility and my stop may be hit.
We'll see what happens
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