Hi All, Not looking for any trading advice, but here is a chart to comment on. No volume or indicators, just a couple of lines I needed. Arrows are the "entry", and 10% Profit taking later. Still short 90%. Targeting 127 for next PT. Not a Forex trader here. Know the basics, but don't trade anything but cash or CME contracts. The CAD "short" position was not a trade but a bank transfer into IB. I am based in USD. Not in a hurry to convert.
I agree that a trader must know the basics of trading if they want to stay in the long run in the market.