charli wrote: Tue Mar 14, 2023 10:19 pm
there is big predisposition it will rise a lot ,almost hit my poi at 10522,but that point where was reaction was ok as well generally 10557 if analyse a bit further, but my mind work like this in avoiding bigger dd.
"i say to myself, if enter here than price would collapse more down/up,and if that happen it is good if I not open trade,because if not waited I would be in big dd like before ,and now I wait and "imagine" myself already in dd and what would I do, i wait more and executing trade at the spot where probably would be my third or fourth charging up in dd trades "
As I said, big predisposition that price will rise a lot, more than 30 pips in short time and no signs of stoping, logic is clear, trend is not our friend every time,and what is the trend, how to define the trend,what is the goal, imaging myself a lot to times that i enter here and than I am in deep dd ,than what to do next...I must think outside the box and watch price a lot ,behaving of price at certain zone is important as well, mechanical approach can not beat true nature of price, due fear, wars,inflation ,uncertainty,market become very aggressive in my eyes and very unpredictable so applying logic from above is a must for me.