Trading Forex

but on the short side it may be said that the 5 min uptrend is now over.....

 

if does nothing here for some 2 hours then I will look for a trend entry....it is moving too fast for me......that scares me.....because of my position size so I have to drastically cut size by at east 90% to be comfortable.

but I do not see a trade

 

euro is leaving huge gaps and open spaces below which is scaring the hell out of me for a long

 

I do not want to risk a half baked trade and risk spoiling the week end

 

Yeah.. it's too quiet...

Stay out, you've got nothing to prove anymore;
you had a great week!

 

what me worry?

you do not need to trade much to double an account...that I have found out

 

both sides would have jumped in...let them trap both sides ….then the move will come

probably after 2-3 hours that is my expectation...imo

if it moves too soon I am not going in...

that is not my style any more.... it is not a 100 usd account anymore I have to grow up

thanks I had a great week thanks to all the mentoring I got here in ET

 

Ok but to give yourself better probability of making at least something shorting near the top where the channel and the nested range converge and covering in the middle of the channel increases the odds. In other words exiting where you entered.

 

Why do you draw extended trend lines off of swing highs and extrapolate price touching the trend line further down?

 

thinking about it: being here has really helped me.....and that is why everyone says keep a journal something I have never done all these decades.

keeping a public journal exposes you.... makes you naked...., and if you survive the seemingly harsh jibes, it only makes you stronger