Comeback After Being Wiped Out From Trading News
Updated
Indeed my timing was off... I was long already and didnt time the drop well and went full margin and got wiped out. High risk trader as i like to capture moments using high risk. The news was already anticipated, but my timing was off. im learning. so after being wiped out instantly, I said no, im not going out like that. i see a clear opportunity that presented itself despite being taking me out, i stayed calm and reloaded margin and strike back. They could call it revenge trading but that's only when the profit you make is not enough to take anymore which is a problem most of us can relate to. Losing money isnt fun but think about it, we have the skill to unlock wealth. worry for what!
Also with DXY retracing, it was destined. As long as we follow our rules and dont break it we will be good. In the video i covered why I have a "reference point" and how it's my spesho number. I pointed out many things and a sauce of mine so if you agree please send confirmations cause i believe the universe never lied once. this my passion.
to the top.
Also with DXY retracing, it was destined. As long as we follow our rules and dont break it we will be good. In the video i covered why I have a "reference point" and how it's my spesho number. I pointed out many things and a sauce of mine so if you agree please send confirmations cause i believe the universe never lied once. this my passion.
to the top.
Note
price is definitely setting the stage for next week. I closed out one position and left the other in to capture the rest of the move next week. It may appear bullish but we gotta hit new highs to be bullish or not take out the low that made that high. anything else in between we must have key areas marked off so we can react to prices when the time comes. we must be able to identify a consolidation, an expansion, and reversals. measuring the low to the high with fib is important too as we use the 50% retracements as a reference point to see if price will reverse or continue. as DXY rallies and goes into retracement we may have a short term bull run to about 1.06, any close above new highs will signal the bull run. Any lows getting taken out will confirm bear activity.
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