This area here, we cannot identify any good 10R trades yet,
so we have to wait it out.
trading is mostly a waiting game
might need to wait for 2 - 3 days at least for the price to " fight it out".
i have tried many times to trade in this area, scalping, but the failures were 90%.
however, big 10R trades are stress free and very easy to identify and to trade. lets just wait for those trades.
I will try to go long ( for a mid term scalp , because the overall trend is still down ) but we have to wait for confirmation first. not waiting for confirmation is suicide......
so we have to wait it out.
trading is mostly a waiting game
might need to wait for 2 - 3 days at least for the price to " fight it out".
i have tried many times to trade in this area, scalping, but the failures were 90%.
however, big 10R trades are stress free and very easy to identify and to trade. lets just wait for those trades.
I will try to go long ( for a mid term scalp , because the overall trend is still down ) but we have to wait for confirmation first. not waiting for confirmation is suicide......
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