I am looking for price to reach 1.32000 and bounce. As you can see price has used this zone many times as a spring board so when price has touched it you get a 100-200 pip bounce.. This is what i will be looking for again.
I might hold this trade for more that the 200 pip target as i am looking for the 3rd touch of my trendline. If you have been following me a while you will know that the 3rd trendline touch lined up with support or resistance is the way i trade and it works a treat.
So to clear it up i have an order set at 1.32000, i am not buying upto this area because if price decides to drop and hit my trendline earlier than expected then i have lost out. In trading you MUST remain patient, if you cant then stop trading now and save yourself thousands.
If you feel the need to be in a trade all the time you will always fail, dont be that fat kid that cant stop eating cake.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.