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strange ... why do you short it? the upforce momentum is still there. as of now, there is no indication it is going down. when the price hits the resistance line, it doesn't mean there is high probability the price will go down. wait for confirmation before you short it.

my favorite. also, google 'meditation by monk'

China A50 moved due to trade data release. Had to stare at the chart for > 1/2 hour waiting for the right moment to pull the trigger. The Signal came a few seconds before the end of China stock market lunchtime. max RR ratio : 8 ______________________________________ OK. now European...

China A50, long 15970, SL 15942

You wouldn't see such a problem in Afghanistan, Syria, Somalia, South Sudan ...

simply remove the 50 dma as that is causing confusion. very big picture - it is bullish. now look at the daily chart. it has been very messy. so it will continue to be messy until the chart says otherwise.

shit. I haven't traded stocks for 2 decades.

most of the world's major index futures are going down. Interestingly only India index futures is going up.

12 Oct Eur session seems like it is Dooms day (famine day or whatever) #3 day range is decaying

My entry price 2233. Your entry price was better (based on Brooks'). But you have to test your system over many years and see if it works. I don't follow the books. don't believe what the books say. after you read the books, you have to develop your own trading strategy.

Russell 2000 chart. purple line - US session opens 1. don't analyse the chart to the left of the purple line. That was the European session. 2. enter at the arrow indicated after the end of the retracement. you can see the V / U shape. during that time, NQ has already gone up decisively. As...

with or without NN, 90% of the traders can't make it.

This is trivial news that happened on 6 Oct 2021. btc has already gone up on 1 Sept 2021 4 Oct 2021 5 Oct 2021 Then next trivial Question : Who Bought $1.6B in Bitcoin so late and at such a bad price?!?! and Why so late?

What strange news. what do they mean by risky? Is it - if you try to trade it, the success rate is going to be very poor - liquidity is going to be very poor. you are going to have a problem trying to close your position - its price movement is going to be very choppy / erratic / chaotic...

OK. micro BTC futures ave volume is 18k/day. volume is growing excruciatingly slowly. traders are simply not that really interested in trading micro btc futures. the bid-offer spread is still bad around ten ticks. if it gets below 3 ticks, it will be good for day trading.

it seems like you did not track / monitor reward : risk ratio. and it seems like you are just being content with a meager profit. RR ratio ought to be better than say 3.

that is the problem if you trade spot forex / CFDs. you probably can't earn money if you were to do day trading. alternatively, go and trade major currency futures from the established Exchanges like CME ... the commission is around 0.5pip (round trip).

it could be subjective. that's why traders should create their own dictionary. most of the terms used are created by the investors and hence not suitable / applicable to the day traders.

I used the words continuation and reversal thousands of times about 40% of my trades are reversals