You were just guessing the direction of a bounce at the S/R level to the downside. Get there first and let price action tell you what is next. Patience is key M8, Lol KP

USD/CAD

Welcome to FF M8. You will learn a lot of good things from FF but there are a lot of bad things out there too. So, try to focus on daily improvement in trading. For example, it doesn't always depend on news or what you call 'situation.' A lot has to ...

What Would You Do Differently Today for Better Trading Results?

Southward momentum more likely than northward's. KP

EURUSD

Imho location-wise meaningless and could mislead. KP

EURUSD

Tip: The strategic use of fundamentals in combo with top-down technical analysis is potent for long-term trading success. Trade safe.

Trap the Market

The strategic use of fundamentals in combo with top-down technical analysis is very powerful. KP

EURUSD

Interesting arguments going on here about technicals and fundamentals. Needless to argue imho. A combo of technicals and fundamentals seems potent for long-term trading success. KP

EURUSD

Love your candour. Green pips. KP

EURUSD

It may be interesting to note that the overall disposition of GBPUSD is still southwards, any northward move is temporary and merely corrective. I may be wrong. Trade safe.

Trap the Market

The overall disposition of the GU is still southwards, any northward move is temporary and merely corrective. Trade safe

Cable Update (GBPUSD)

So you gamble, and hope/pray for success? Not using a stop loss exposes your whole trading capital to great risks. Trade safe bud. KP

EURUSD

A number of people here are hoping for price to favour them. Imho trading on hope is not something to bank on for consistent trading success. KP

EURUSD

Humility bro, and keep learning. The market teaches us all how to be humble. Trade safe. KP

AUD/USD

EURUSD technicals are ambivalent atm but southwards in overall disposition. KP

EURUSD

My decision to cancel the buy stop order turned out to be a great decision as the GBPUSD plummeted to the downside following an interest rate cut to a record low. KP

Success Guaranteed - Simply Trade Better

Good decision to stay out of an ambivalent market. GBPUSD plummeted! Trade safe.

Trap the Market

One thing I learnt recently was to cancel any pending order as soon as I realize that the condition is not favorable to my trading strategy. For example, I placed a buy stop order on GBPUSD about 19 hours ago. When I realized that price has remained ...

What Would You Do Differently Today for Better Trading Results?

I placed a buy stop order on GBPUSD about 19 hours ago. Price has remained rather ambivalent since then which, for me, is not healthy for swing trading. So, buy stop order cancelled. KP

Success Guaranteed - Simply Trade Better

Price has remained rather ambivalent for over 19 hours; not healthy for swing trading. So, buy stop order cancelled. Trade safe.

Trap the Market

Nuggets: Patience is the heart of successful trapping of the market, impatience is the root of most trading failures. KP

Success Guaranteed - Simply Trade Better