Bullish to 80.00 to take profit 81.50-80ish

Friday usually is take profit day. But I am feeling like there is major fundamental news that are bullish ( Risk on ). A perfect profit zone would be Weekly Pivot R3 + Previous years low 81.88, and pschy # 81.50-82. Or this may double top at 81.00 Frday and consolidate till next week. And even possibly continue to 79.00-80 for higher time frame buyers.


buying off 4 hr trend line+ Rd# 7200+Daily 21 ema.


tried to long at NY end of day before new pivots. I should have calculated where new pivots were going to be

tried to long at NY end of day before new pivots. I should have calculated where new pivots were going to be
About The Post
About The Forex Analyst
Former fxbootcamp.com member with David Pegler/Wayne Mcdonnel. Introduced to Forex investing in the year 2000.Attended a local Forex school (learnforex.com) (Sacramento) $2000 learned Technical analysis. Owners sold to a student, new owner scammed millions from students/investors. I also lost my investment. I continued to try and teach my self unsuccessfully. I have lost $9000 of investment and education. But yet I was still willing to learn and trade for myself. I dont trust anyone with my money but my self. Its been a long hard journey. I have learned a lot from Wayne McDonnell and David Pegler. I am finally able to understand the money management aspects along with traders psychology. I believe this is the biggest part of trading that I failed in. I also believe I need more knowledge of Macro economics. In the last 1.5 years I have turned a corner and have managed to stay profitable. I learned for my psychology and risk management, I developed a semi automated trade plan to take profit and losses with %20 draw down. https://www.myfxbook.com/members/PippinUSA. My goal is to recoup my losses from past investments and consistently keeping a profitable track record to possibly trade larger account. I also am working on learning more macro fundamentals to accommodate technical analysis.
- 0
- 337
- 0