I dont know how to explain this. Everything is pointing down, but then after a while it goes the opposite?Huh? Insist of holding that position.You lose.Then you decided to buy.What the f**k it's going down.(lose again)
What I mean is watch the support/resistance (daily/weekly) very closely, not the news.
Like who's signature that saying "Trend is your friend, of course my friend is unpredictable and unreliable"
The fact is when cable is going up people will do whatever to buy.But when it goes down 50/50 undecided.Saw a downtrend but wont take it, believe to much on news.
Understand?
What I mean is watch the support/resistance (daily/weekly) very closely, not the news.
Like who's signature that saying "Trend is your friend, of course my friend is unpredictable and unreliable"
The fact is when cable is going up people will do whatever to buy.But when it goes down 50/50 undecided.Saw a downtrend but wont take it, believe to much on news.
Understand?
Dislikedwhen everything points down (even news!), who do you think it's going long and drives the price up?Ignored
Start trading everyday with a simple mind, and everything seems very clear!