why is trading so hard? :( I got in at a good support area i thought around .7317 and it has just been ranging around .7400-.7330. Ugh! I believe it is going down, but hate being stuck in trades for days. Good sign I have not been stopped out yet. Usually when I am wrong I get stopped out pretty fast so I believe down is where we are heading! ;)
Hectorrr
⋅
@pipking88, I hate to be stuck in the operation when I just did it because I can't do a good money management of the operation. Just wait and see where the price goes ;)
yitiancai
⋅
but I am buying AUD/NZD so we are the same
yitiancai
⋅
yitiancai
⋅
also a bat
carliros01
⋅
im new on this track just wondering from I learned if move BC CAN BE EITHER 0.382 OR 0.886 OF MOVE of AB, SO BC MOVE WAS ON 0.886 ZONE SHOULDNT CB MOVE BE 2.618? can you help me to understand this please
Hectorrr
⋅
@carliros01, The move in the chart that is 1.825 is higher than 1.618, normally is the common pattern of butterfly. There is a "bearish deep butterfly" that it could be with 2.618. In this case the price reached 0.74 that is a previous resistance that you can see it in daily chart and reached aswell the harmonic pattern as a bearish butterfly and a bearish bat like @yitiancai showed us up