The price the price, that’s all you and me care about. Its only aspect that matters. Attack a price directly, directly, directly. Nobody knows how to do this simple concept. All attack sideways, that’s wrong. A price can only achieve certain levels, locations, ranges. Fibonacci is oh so deceptive and wrong because its measured wrong. Fair warning to stay away.
Have I ever mentioned news announcements in many trade posts. Of course not. Why. Its meaningless pablum information. News announcements are priced into the current price. That means all factors are considered inside the price. Yes pay attention to news announcements but you don’t have to be an economist because that’s another discipline that;’s meaningless to your trading success especially if you day trade or multi day trades. What I see from posts from others I can’t read because the price is not understood. And its so obvious. I’m no genius and I speak with much respect and sincerity.
Any I gotta run, quick EUR/USD.
EUR/USD. Bottom. 1.1351, up 21 pips from 1.1330. Range breaks gotta go, back later