Hi Traders,
I'm here to help improving your trading skills with my ideas to see the market from sombody else's mind.
I see a downtrend channel on D1 and H4 with a fakeout. Upside trendline is broken, so I placed sell a sell position yesterday. My mental SL was at 1.0500, and my placed SL was at 1.0800.
I'm here to be honest, so I will.
Yesterday evening, I strongly hesitated to close this position before going sleep. I saw strong bullish pressure but I was on the bearish side. There is a strong support line at 1.09275, and the price bounced upside. Before sleep, the price hasn't reached my mental stop and it seemed to turn back and go down. I had a lesson in my mind that I've learned so many times; PATIENCE AWAYS PAYS OFF.
So I decided to keep my position open. I slept horribly :D but when I got up and saw the head and shoulder pattern. I know market again tested my patience and this trade again confirmed; PATIENCE AWAYS PAYS OFF. Never give up and LET'S BE SUCCESSFUL TOGETHER.
Follow me for new ideas, I'll appreciate your follows.
Have a great day ahead,
Benjamin
I'm here to help improving your trading skills with my ideas to see the market from sombody else's mind.
I see a downtrend channel on D1 and H4 with a fakeout. Upside trendline is broken, so I placed sell a sell position yesterday. My mental SL was at 1.0500, and my placed SL was at 1.0800.
I'm here to be honest, so I will.
Yesterday evening, I strongly hesitated to close this position before going sleep. I saw strong bullish pressure but I was on the bearish side. There is a strong support line at 1.09275, and the price bounced upside. Before sleep, the price hasn't reached my mental stop and it seemed to turn back and go down. I had a lesson in my mind that I've learned so many times; PATIENCE AWAYS PAYS OFF.
So I decided to keep my position open. I slept horribly :D but when I got up and saw the head and shoulder pattern. I know market again tested my patience and this trade again confirmed; PATIENCE AWAYS PAYS OFF. Never give up and LET'S BE SUCCESSFUL TOGETHER.
Follow me for new ideas, I'll appreciate your follows.
Have a great day ahead,
Benjamin
評論:
I closed my position now. Bulls seems so Strong, price reached my mental stop.
