Goldmine!

Additional comment for previous post:

I normally don't hold short-term trades through the news. Had I been in a position trade, the news would not have mattered.
 
Hello again,

I held on...just looking at my tools etc. not the price. Another reason was that the whales showed up. Also notice price came back to test support around 1.2563 like I mentioned in an earlier post. Normally I do not hold through news (unless I was already in a position trade), but I saw enough. I would have preferred a more prime entry (like 1.2568 given when I entered) or to exit with my $5.00 profit earlier and chill. Sometimes, these things happen.

Anyway, I exited at 1.2611 with about a 20-pip profit. More was available, but I needed to move on. ML targets hit!!! Now I need some breakfast :).

Take care,

FX4Newbies
 

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Hello Traders,

I was not able to post earlier as there were some technical difficulties with my internet connection.

Attached is my chart catching up to price action. Will see what happens next.

Take care,
 

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Notice the slight adjustment in Pivot 3 of my blue fork revealing possible whale bahavior. Critical point in time as price could drop lower or turn upward. Price is right on the line here.

Be very watchful!
 

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Just being watchful...as price wars, it will eventually give a clear entry. Tempted to short it but not convinced. So I must keep my mind open, until I see something that I recognize as a clear indication. Confusion in the market (mixed signals) is a condition to avoid like the plague: unless you like the action and are scalping :).

Take care,

FX4Newbies
 

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