Moving Average Reminder
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Uploader Comments (TRADERSFRIEND)
All Comments (15)
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@Iorek56 lol, remember we are just on a bullish bounce in an overall bearish trend. I did make some paper going long in the market last night/early morning, but I just got to sleepy to continue.
I am with You, because I don't care what they say, I believe my charts over anything.....lol
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@Iorek56 Blog releases "Euro bears losing the fight." Got a nice minor trend reversal--I mean it's just a great time to buy since the Euro's recovering miraculously right?
I think I'll go left when they say go right.
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@TRADERSFRIEND Okay just about time to sell again. You can make some money if you enter soon. Be a little fish stealing food from the big fish.
Cheers.
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One of the hardest changes for me to make was changing my psychology of doing what 80%+ of traders do: Creating 2 scenarios in my head and--target or stop loss--and blocking out the others. The market moves and sets itself up in shades of gray: Managing money to match what you see--not what you expect to see--is a leap to the mindset of the professional.
Poker's the same way.
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@TRADERSFRIEND Well, the setup's based on a small time frame and where the support level hit in relation to other price action--so it may well be invalidated. I don't have anything open because I'm more interested in how the next part of the larger structure sets up.
Cheers.
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Hello dear friend, thanks for the video... :) Friday was good for me .cheers!
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celectol2 1 month ago 2
@celectol2 LOL, thanks for bringing a smile to my face....(^_^)!
TRADERSFRIEND 1 month ago
Euro says..."I'm not done going up yet."
Iorek56 1 month ago
@Iorek56 I haven't had time to see what the market did after I went to sleep, but I plan to study my charts tomorrow. I did note before I went to sleep the sideways trading before the reversal and I looked at the daily chart to see that we'd only fallen to about 50% of yesterday's price action, I thought it was a chance for a reversal in a bullish fashion. I just had way too much to get done today to trade beyond that bearish fall, plus I was too tired...lol. Now I am curious, thanks
TRADERSFRIEND 1 month ago