Observing my chart below (if you see it only), it appears that my trade has been cannon-balled into a watery grave, thanks to the unexpected intrusion of a Chinese Coast Guard water canon firing inside my area of resistance or my EEZ (Exclusive Economic Zone).nathanvbasko wrote: Mon Jun 17, 2024 9:53 pm Hmmm... Blood on the streets later (or my blood)... Then, I will take advantage of the opportunity to sell at a high price when there is excitement in the market. As a smart trader once said, "When fear takes over the market, buy. When excitement takes over the market, sell."
Today, I am taking control of the market while others are excited (or it is just me... too excited)! Ho ho ho ho!
I am witnessing conflicting signals from the EUR in my analysis. On one hand, it seems strong, but on the other hand, it appears vulnerable. This unpredictable behavior has made me more certain about continuing to short, like a detectivewho is convinced that he is on the trail of the true culprit.
The price must not go beyond 1.07250. Otherwise, I think this will be another day that I will make another bank ; )—
TP @ 1.0660 and SL @ 1.07320 still...