#OIL
gonna take a look at this zone if I can find buys
Yeah it doesn't smell very good, I would like a reaction on this level
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Look at the pattern ranges for few years then up
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There was quantitative tightening then and there wasn’t excessive money supply
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It possible to make deep retrace to $1930;i agree but have to break $1980/96 first and I think that area gonna hold
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EURAUD 4H TF ANALYSIS
The expansion was on the bullish run while the retracement was on the bearish
We found the last break of market structure to the upside
Which price came to the discount poi and now pushed up,
Break the last recent supply causing a change of character
Now we have an inducement and a good poi below
We wait for price to clear it and create our entry pattern then we go all the way up to the external liquidity
💙💙💙
These things good to trade patterns but you have to use good sl
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Yes its a proper engulfing
9n the weekly the entire bullish candle engulf so have to be careful
I'm still bullish above but this weekly candle is very dangerous
@ChrisFx_wd Pls share your view on Gold, Silver, XNG, Nasdaq, US30, Oil, BTC
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⚫Trading Psychology
Handling losing trades can be approached in two ways:
1) Emotionally, where you might take it personally and feel like the market is targeting you.
2) Strategically, where you acknowledge that the market operates based on probabilities, and today simply wasn't in your favor.
It's crucial to journal your trades and analyse the data objectively. Ask yourself: Could you have minimised the loss? Was there a chance to breakeven? Could some trades have been avoided altogether? Reflect on the signs that indicated staying out of a trade would have been wise. Remember, learning from mistakes is essential for improvement. #forex #trading #education
If we look at the long-term volumes of cot reports, we have signs of an increase
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I don't mind it dropping
Cause better buy levels
But the PA not showing much selling pressure longterm
Selling is ok on day trade no doubt
But the bullish trend not broken yet
