Just do it
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My Thinking..... 21SMA Crossed Below the 233SMA... Meaning...At the moment of the CrossOver, you'll have late SELLERS Entering the market too low. Their Stops Must be massive right? So Price is still in uptrend but the currency is currently 'Under-Valued' MEANING BUY THE DIP?... Remember to buy low and Sell High at THE RIGHT TIMES...
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ALSO remember that our job as traders/investors... Limit risk exposure.... My Risk is small, but I'm Buying..... Think of how much the SELLERS need to put on the line right now.... that's right I'm BUYING into their stop-losses and some.
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Remember When Managing a portfolio, the short term buying and sellers don't have enough buying for selling power!... meaning.. the BIG BOYS only have the power to move the market... and i know that looking at my "TIME BASED CHART" (Don't trade time) the big hedge funds and banks don't want to give themselves that kind of exposure. Hense why I'm buying with Very LOW risk exposure.
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Also Feel Free to Copy my support and resistance lines, based from no indicator just price action based From the "Past" PRICE ACTION(10+ Years)(not many of you will understand the POWER/Mystery of the number 7). Maybe you will notice a massive change on how you look at the markets.... Using these price levels, you'll get a clear idea of where the big boys are looking to Buy and Sell...
So do 1.18708(BLUE) +/- 70 Pips That's your new level.
So Do 1.19059(RED) +/- 70 pips That's your new level. Now Build You map.
Use this as YOUR ANCHOR.
So do 1.18708(BLUE) +/- 70 Pips That's your new level.
So Do 1.19059(RED) +/- 70 pips That's your new level. Now Build You map.
Use this as YOUR ANCHOR.
