long gu m5 demand
m1 dbl bottom
PA, S/R, ZL, EXTREMES & MOMO
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es/pip wrote:ajaymein wrote:Stop above this high...gonna go drink some coffee before US open
i may drink some whiskey
the way this is going
hahahaha
up ok
but the pa sucks
lol the times when I mixed drinking and trading things got alllll f***ed up lol...I forced myself out of bed this morning bc the 4 pitchers of dos equis from the mexican resteraunt last night was still heavy in my stomach and brain
but then again the $$$ will always override any hangover I have
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FXfreak wrote:i love it!
everybody knows what PA, S/R, extremes and momo means but it is more than subjective...aj is short while es is holding long. yeah!! an example from a book that you have to use your own brain to survive in forex. if you only trade signals you will lose...
Its not that easy. Price is fluctuating. There are often pips to be taken even when You are long and short at the same time. Only one side is winning in the loger run. It also depends on entry timing etc.
But still You are right that the brain is the main factor here.
And here is great example of well placed stop:
Im officially a Market Wizard
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FXfreak wrote:i love it!
everybody knows what PA, S/R, extremes and momo means but it is more than subjective...aj is short while es is holding long. yeah!! an example from a book that you have to use your own brain to survive in forex. if you only trade signals you will lose...
The true beauty of forex trading...I can be long and in profit thousands while a friend sitting besides me could of just gone short, scalped out with a thousand profit, and price continued in my direction and I am now in profit more thousands.
Still in my GU short...gonna let it hit BE or -1 or -2 before exit probably unless something fishy happens I may close early
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