1D Chart with fib indicator & signal indicator both showing short position despite the localized uptrend. It will likely be like Ceres also confirmed, a slight bull up then a drop to more realistic value level.
I would justify this as a confirmation to the previous post, but I am generally sticking to my strategy and that includes the casualty of error. (Sitting on a trade until favorable conditions arise)
Thats why even a noob like me knows to trade with a reasonable size, but not reasonable enough to injure drawdown tolerances or overall account.
I would justify this as a confirmation to the previous post, but I am generally sticking to my strategy and that includes the casualty of error. (Sitting on a trade until favorable conditions arise)
Thats why even a noob like me knows to trade with a reasonable size, but not reasonable enough to injure drawdown tolerances or overall account.