Here i have marked up some key levels of interest for myself, these are the areas that i have orders set at.
I can see bears pushing price down into my 1.15000 support zone before the bears take over and possibly push price to my 1.25000 area. Notice how these are nice round numbers, because this is how the big players trade so why not copy what they are doing as 95% of retail traders like us fail. If you want to be the best you have to beat the best. If you want to be good at boxing you will look at what the heavyweight champion is doing and copy him as what he is doing clearly works. You aim is to knock him out and take his belts.
Trading is not hard at all, it is only yourself that makes it hard, your mind overthinks things! You might see a simple setup like this 1 in the chart and think THIS LOOKS TOO EASY TO BE CORRECT so you will start looking too hard to try and find another trendline or indicator for confluence, you will probably end up not taking the trade and then kick yourself when the trade moves 200+ pips in the direction you thought. The mind is a complex tool, if you are at 1 with your mind you will do well trading, if your mind is constantly working against you then you will lose your life savings.
If you would like to learn more about the way i trade or if you need any help at all trading then send me a message.
Hope this post helps.
Lots Of Love Laura x
I can see bears pushing price down into my 1.15000 support zone before the bears take over and possibly push price to my 1.25000 area. Notice how these are nice round numbers, because this is how the big players trade so why not copy what they are doing as 95% of retail traders like us fail. If you want to be the best you have to beat the best. If you want to be good at boxing you will look at what the heavyweight champion is doing and copy him as what he is doing clearly works. You aim is to knock him out and take his belts.
Trading is not hard at all, it is only yourself that makes it hard, your mind overthinks things! You might see a simple setup like this 1 in the chart and think THIS LOOKS TOO EASY TO BE CORRECT so you will start looking too hard to try and find another trendline or indicator for confluence, you will probably end up not taking the trade and then kick yourself when the trade moves 200+ pips in the direction you thought. The mind is a complex tool, if you are at 1 with your mind you will do well trading, if your mind is constantly working against you then you will lose your life savings.
If you would like to learn more about the way i trade or if you need any help at all trading then send me a message.
Hope this post helps.
Lots Of Love Laura x