tmostafa007 wrote: Fri Oct 04, 2024 5:18 pm
perfect bro, congratulation
how do you know this will be a good trade? I understand you take the 2nd dot and use the FOMO trade, considering the small min dot as the 2nd dot. But here you're in an uptrend, right? How do you know this will be the reversal point? Do you get my point? Also, how do you know this trade will yield around 60 pips?
I don't know what the market is going to do, I wish I did. I'm just following the plan. It's true that the operation is riskier, because as you say I use the FOMO operation. The best thing is to wait for the second pink or blue point. I don't know where it's going to go either, but what I do know is that I have good management of my portfolio and at least I'm looking for a 1:2 with respect to my SL. In addition, now there is that great "legacy" indicator with which it is very easy to see possible areas of price arrival.
I see you very obsessed with looking for the perfect indicator, one that is clear and never fails. That doesn't exist. Just observe the market, look for structures and follow the system, it's simple. I hope I have helped you.
Hugs.
