Forex trading in Breaking market lows
And you decide that you will sell it once you break these lows, yeah it’s nice for me I think it’s the best way to trade is just to make it as fun as possible, enjoy the process and you don’t need to take it too seriously, the thing you should take seriously is Manage your risks and of course it’s important to be disciplined as well but yeah I mean in between, you have a lot of time to sit on your hands, you know 90% of trading is just waiting, but if you’re too busy thinking about hiring a trading guy, you’ll I don’t think it’s doing something good.
Trade Forex at breakout lows
Nicer than forex trading at the moment but at least you’ve got some flat wicks here which we normally like to see like pulsating entries below these wicks GJ is running smoothly and the price action seems to be good here nice and healthy and we don’t expect anything any false selling here because You trade with the trend so I’m also selling GJ well, yeah I think the sell-off there makes more sense as the forex trade is getting rejected here, we got about 20 seconds and still had a rejection.
The Wicks is still a good area for a push entry although I think if the next candle starts to break down below like this after a rejection, you could have, Man, these are stop loss points, they’re about 27 points 27.9 points roughly you know 25.7 26 But you can have a situation like this, where if the price drops below that.
So you can have an Impulse Entry because I don’t think it’s going to give you a lot of time to close this candle, it will probably still run especially if it breaks in the early candle because you’ve got your SMA there as well probably setting up an Impulse Entry so I’m just analyzing for Chat like you’re deciding whether a trade makes sense or not, I think it makes a lot of sense to me and um yeah go for it.
You can’t just learn from making the same Forex trades
I think that’s the only way you can learn you know you can’t just learn from making the same trades that I do, you need to build that confidence in yourself that you can execute a position if you think it makes sense because over time Time ‘I’ll keep executing on the ones that make sense, that’s where your confidence comes in, yeah I should be good by 17 pips, I like that sparkle here guys, you know, we had a clear head and shoulders range as I was shocked that my forex trading position reversed so Very annoying.
All of these things were well aligned and we didn’t get the crossover even though we didn’t get the SMA crossover but we had the head and shoulders here in clean traffic, it was good, it was a good move it’s a nice move yeah if you see like the price action Here today, you didn’t have a big structure like this, it was all the structure you had today the last time you had a structure like this, I think during the Asian session you probably had a little bit of structure here, look at this 5 minute time frame, there’s no structure here here, so where you’re going to take a stand.
Forex Macro Trading with Monthly Closing Candlestick
This is what we call now just the boom-boom trading structure, so we got a nice house here, a nice house that’s selling now, let the distribution be where people want to get in now for some reason but like the best entries are usually like these points that got On it here but this was like on the one-minute time frame so we had a little bit of structure in the simple one minute trading why can forex trading ah now go down in 30 minutes.
Wait why can’t forex trading go down There can be an impulse entry here but the 30-minute candle is yes it is still open at 10 minutes but you see it gives you a better option rather than an impulse entry because it is about to close in 25 20 seconds So it is better to wait until the candle closes.
What happens if you break previous Forex trading lows?
You know, hopefully, it creates like the bottom of the wick because it’s starting to push now, it’s starting to push now, and it’s only got 13 and 12 seconds, so it would be good to create a lower wick and then the next day a candle that creates a top, and the wick breaks the lows that It will look much better, and New York will also be open in the next 10 minutes.
So this is what I think makes the most sense for me right now, I don’t see any other buying opportunities, I just see potential selling opportunities here, so I don’t know Chad, do you agree or disagree that the stop loss would go up here by 17.3 points, and that would be to A great deal is that your trade makes the most sense when it comes at the bottom of the top and bottom volatility breakouts.
Summary
Previous slowdowns should be good off to the races you see GJ is still coming into profit-taking territory I Disagree bro ASF forex trading is going to pump man can you give us more man what do you mean forex trading is going to pump ASF Pump Why Will Forex Trading Go Up Come on man, I just want to see that I’m wrong, that’s why I don’t make more than one or two trades a day because I know that if I make more trades, there’s more chance of doing so. I will give back some profits, I always like that the more trades I get the more profits I give back, and if I stick to one or two trades a day, I make the best money.