Not easy for analysts to get this move right...
As a TRADER I'm not participating to this Price Action.
I have a rule to not trade CPI NEWS as simple as that.
This is how I lost a 300k prop firm account (as explained in my pinned Tweet Prop Trader Journey documentation)
The 1st pic shows my first Tweet after 3 months break. There was clearly a high chance to revisit 27k.
But I NOW believe that we could be in an ending diagonal wave C as shown yesterday (2nd pic)
And yes we're not going to 13k just right now ...
I just saw a comment "we're not going to 13k mate"... Please stop... I'm sharing ideas.
Being RIGHT or WRONG in trading does NOT make sense.
Do we have to go there? Not at all.
Do I care? Not really.
I like to do analysis but I'm a HIGH STAKE Short Term Trader and I only use naked charts when I trade.
Elliott Waves TA serves as a guidance. Timing (Trading sessions) is what matters to me.
My trading style:
I stay an average of 2.5 hours in my trade. I also use very tight SL as well that's why my win rate is below 50% (3rd pic).
What matters is how much you make when you win and how much you make when you lose.
As simple as that.
Looking to see a rejection around 27k for #BTC in the price imbalance.
As a TRADER I'm not participating to this Price Action.
I have a rule to not trade CPI NEWS as simple as that.
This is how I lost a 300k prop firm account (as explained in my pinned Tweet Prop Trader Journey documentation)
The 1st pic shows my first Tweet after 3 months break. There was clearly a high chance to revisit 27k.
But I NOW believe that we could be in an ending diagonal wave C as shown yesterday (2nd pic)
And yes we're not going to 13k just right now ...
I just saw a comment "we're not going to 13k mate"... Please stop... I'm sharing ideas.
Being RIGHT or WRONG in trading does NOT make sense.
Do we have to go there? Not at all.
Do I care? Not really.
I like to do analysis but I'm a HIGH STAKE Short Term Trader and I only use naked charts when I trade.
Elliott Waves TA serves as a guidance. Timing (Trading sessions) is what matters to me.
My trading style:
I stay an average of 2.5 hours in my trade. I also use very tight SL as well that's why my win rate is below 50% (3rd pic).
What matters is how much you make when you win and how much you make when you lose.
As simple as that.
Looking to see a rejection around 27k for #BTC in the price imbalance.