Just wanted to update my trade, since I don't currently have any FX trades to show. This one is going much better. I was just wrong about the turning point. No problem. stack size on the small chart. Hold on the large chart.
- Capture.PNG (47.75 KiB) Viewed 2974 times
Momentum (or lack there of) and support and resistance. I'm now convinced that is all I need. That and a bias (thanks Doji).
Here is the big chart and why I was looking still looking long. Failed BO, get hold the extreme for dear life.
- Wkly.PNG (31.2 KiB) Viewed 2974 times
Its funny because this is a very fundamental world I work in, where every too smart for their own good guy repeats what he read from the small group of analysts, and they rattle off ever statistic about the fundamentals. So when i say I think its going higher, and can't really explain to them why. It meets with some serious side eye, and yet here we are going higher. Especially if we really get to the top like I think.
- continuation.png (210.1 KiB) Viewed 2974 times
The BIG picture, follow the momentum as it confirm/disconfirms my picture.
Stack on small charts, hold on big charts.