After having to manually CL some 850 pips from a sizable DD from over-trading multiple pairs, now I'm back on trading the contrary with only taking the one greatest pair for me according to PVSRA-FIFO-GC and safer place using Fibonacci to shield against a sizable DD that I base on MEME and a soft SL predied on 5 -19 percent of my equity to keep my Margin 200-250 %. I did not do this and dropped and as I did not take a safer place on the greater TF based of a 61%-100 percent fib ( 's technique) before edging down to the M1 TF utilizing CG's methods to take my trades on only a single pair (as noted above). Last, credit goes to Lawgirl21 for her RSI(3) to track the currency pairs internationally - similar to the one employed here;
IMHO, I won't require any more Bearish trades like I hope the MM's will make a massive RT to carry out SL's for liquidity to work against us at the NYO or Red News, before PB that the major downward trend based on the PVSRA-CG and Fib placement - so typical. I would like to protect my earned Pips. Then, I will probably continue with the shorting of the OB currency. Obviously, I will keep shorting trades west, if min PA continues south. We will notice:
Cheers all !
I figure I'm just a lucky boy now who pays attention to class:
Price making lower shirts with intriguing volume. Got in after two big red candles broke half amount again (waited for a little retrace since there wasn't much momentum). I usually would have let this one run somewhat more (especially after that green candle was unable to push), but closed since USD suddenly started killing the other pairs, becoming 15-20 pips in a few moments against Euro and Pound.
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