Kill ego, Grow EQUITY...Grow EQUITY
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DislikedWell done B. I bailed on the trade when we broke above pivot, and never got around to entering when we came back down. Really glad you stuck to your plan thoughIgnored
DislikedThursday, March 12, 2020. Yesterday Bears ate Bulls for Lunch and Dinner. Today, both Green and Red trend lines are facing downwards. This signifies more power to the Bears. With a very big Head and Shoulders chart pattern, I think today is a big move day also. Trade Idea... Looking to sell P-1641.60 stop loss at R-1656.54 {image}Ignored
DislikedThursday, March 12, 2020. Yesterday Bears ate Bulls for Lunch and Dinner after much stubbornness on the path of the Bulls. Today, both Green and Red trend lines are facing downwards. This signifies more power to the Bears. With a very big Head and Shoulders chart pattern, I think today is a big move day also. Trade Idea... Looking to sell P-1641.60 stop loss at R-1656.54 {image}Ignored
DislikedGold may retest 1650 psychological level to the upside before tearing down...I'm already in.Ignored
DislikedHi @BiteFX! Been a silent reader of your thread for the past few days and your analysis was spot on. I am really new at trading and am currently is still looking to build my own strategy. Do you mind sharing with us how you set up/tweaked your fibonacci and bollinger band indicator? I keep wondering how do you find those V, B, R, P, S levels. (and what does those abbreviations stands for? all I know is P is for pivot, S for support, R for resistance. please do correct me if I am wrong.) I have read the first page of this thread but could not find...Ignored
Disliked{quote} Thanks for the compliment Coconutbarn...I am flattered. How I got tweaked and set up? Answer...Curiosity and Observation. The answer may not be what you expect, but, that's it if you want to create you own system. While studying a material, I look for silent cues from the author...For instance, Fibonacci Retracement was created by Leonardo Bigollo Pissano in 17TH CENTURY AND CAN BE SEEN IN EVERY WORKS OF NATURE. If 1. It can be seen in every works of nature, 2. It was created in 17th century. 3. And its so relevant to today's trading. Then,...Ignored
Disliked{quote} Thank you, @BiteFX! i’ll be sure to pay more attention and do more research out there about fibonacci retracement and its background!Ignored
Disliked@Coconutbarn...R,P,S,B,V, 1/2/3/4S, 1/2/3/4B. RESISTANCE-R PIVOT-P SUPPORT-S BREAKOUT-B REVERSAL-V 1/2/3/4 SELL 1/2/3/4 BUYIgnored