Wow, German news caused the nice spike up... Didn't short a resistance cause it was too close to pre-spike price and I suspected it can break through easily.
I'm not "news people", LOL. :D
Simply trade what I see and try to see more, as for news, that spike just seemed a bit strong for "usual behaviour", but was it news or whatever doesn't bother me too much... I asked just out of curiousity. :)
Now THAT'S a spike!!! :D
Shorted it @ 1.5918 and squared quickly for 6% profit at the last swing low... Wish I held it for longer...
Anyone knows what was that? Seems like no news at that time in a calendar... :confused:
You are right in a sense that I in no way have anything against automation... Of course automation is good as it makes life easier.
But things can just work or they can work and be fun as well... :)
Ja, it's like a sport... You enjoy not just results, but process as well. :)
I'm glad that you found a way to trade profitably how you like! Good luck to you too!
Funny how opposite approaches we have... I'd never trust an auto system... Not because I think it's not possible, I think it is, but just wouldn't be comfortable with it. Need to feel a pulse of the market and like to trade discretionally... :)