I think I see my long-awaited opportunity, see what I did there? LONG... Yes peeps, my bias is long on this one, but obviously as trading rules suggests we should wait for the breakout before we can enter right?
Trade stängt manuellt
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Take Profit on this trade we might be going down now
@LawuMahome I mean, you drew a trendline and assume that once it’s been breached we’re bullish, that’s essentially what you’re analysis consists of. If you can’t see liquidty in the markets you become it, have a look into this and I’m sure things will make sense
ELCapitalFX
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@WRJ_FX, Oh I see... I guess my assumption has been correct so far though...
WRJ_FX
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@LawuMahome “so far” but aiming for 1.10 isn’t gonna fulfill IMO. We’re looking at the pair becoming a neutral level, meaning 1€=1$. Retail traders will buy anywhere above 1$. Be careful
ELCapitalFX
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@WRJ_FX, Im not sure what's your point, isn't the point to make a profit from the market?