Disliked{quote} Based on bar-patterns that form during reversals (BO), IF tomorrow & day after can sustain & price can climb, we can hope for a quick bounce rally at least. IF your MM & strategy are good, even a $100 fall won't make a big dent on your account. Lets not forget while stock markets can be easily manipulated by Big Banks & other Big Dogs, but its not easy to do the same with Forex markets. With that said, its not easy to make living let alone killing from pairs like Gold particularly when multi-year trends points towards $825 in the long run...Ignored
I suspect that FF often confuses people due to the varying different levels of complexity, views and opinions found all over the sites.
Your point made earlier about deciding your own trade is valid and to not allow others to influence your decision making. Everyone should take note of that point. Trust your own view and if it proves to be comsistently wrong then modify it to improve it until both the strategy and MM are producing positive results in the long run.
As a general rule, I prefer the simpler the better, providing I can quickly get the technical overview I'm looking for. Realistic targets and sensisble stops in the context of the t/f someones looking at is part of the MM that you have mentioned.
I expect everyone knows these obvious points, but its surprising how much (myself included) we ignore them!
