How Much of Trading is Intuition | GBPUSD Short or Long
Hi Traders,
How much of trading is intuition? Do you have a strict trading plan or do you incorporate your gut feeling? For me, its the latter. This is a clear example. My technical analysis says GU will continue the upward trend to the 0.27 fib level after bouncing off of the 0.5 fib level. However, my gut is saying sell because other XXXUSD sell today and there is a possibility that DXY will go up tomorrow.
I would like to hear from you, comment below strict plan or gut feeling.
How much of trading is intuition? Do you have a strict trading plan or do you incorporate your gut feeling? For me, its the latter. This is a clear example. My technical analysis says GU will continue the upward trend to the 0.27 fib level after bouncing off of the 0.5 fib level. However, my gut is saying sell because other XXXUSD sell today and there is a possibility that DXY will go up tomorrow.
I would like to hear from you, comment below strict plan or gut feeling.