GBPUSD?
Hi,
" I think ??? "
Is an over used quote- and the refusal to think and monitor = LAZY
How can one be lazy and make money , unless you are using AI/ auto trading OR Long Term/carry positions for | more 3 months.
Mine, is 2 days to a week. flexible.
I would like to give pointers but i'm NOT a guru. But I hope someone points this out somewhere.
In the chart/price on chart:
Assuming price now is 1.20
I am predicting 2.00
And we see sellers/supply at 1.25 and 1.30
Price will not goto 1.80 , 2.00 instantly
Those sellers will keep feeding 1.25,1.30 till their holding is dried up.
Then it will print 1.30 ++ before going 1.80-2.00
It's your homework and preparedness.. marking etc.
Most of the time.
You just cannot execute your order because too many sellers = rejection and keeps trying new lows (for buys example)
and in your BUYSIDE.. if as example/ week low is broken= support broken.
Why are you still in position?
Anyways, it comes back to your choices not others.
I only wish you the best.
I know there a masters in trading out there, telling you how simple it is.
But it's is wrong to not think of prices and the flows you need to acknowledge.
Maybe that's why I'm not a Master.. :)
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