If you're a real trader, explain why I'm currently winning in this trade.
>>61021420sir this is a crypto board
>>61021438I could do the same on crypto too. Now explain!
>>61021420>>61021448Inverted head and shoulders
>>61021448Trump being retarded, TA voodoo doesn't have predictive power
>>61021420If you're a real trader why isn't your take profit at one of the two obvious white targets or better, the red one and why isn't you're break even now below the low of the big candle? This is a 4hr chart, not a minute chart
>>61021477I'd say it has limited predictive power
>>61021487Because I was taught to set the TP at about 90% of the predicted move. In the meantime, I can manage it live and decide how long to let it run. The TP is for if I'm not watching live and don't want to let most of the move potentially slip away from if price reverses.
>>61021560Yeah, it's not a terrible profit target, but it just looks like it wants to hit that peak at the upper white line. If I'm managing it live for something like that, I'll put my target at one of those two upper lines and when it starts getting close I'll aggressively move my stop up using lower time frames.
>>61021647>two upper linesthe upper white and red
>>61021647We're almost there
>>61021717Forgot pic!
Closed with $22.58. Chicken nuggies from PDQ on me tonight.
>>61021420You only profit when you sell, amigo. Anyone can buy and take screenshots
>>61022891Happy?
>>61023171happy for you, anon happy you can make profits in this clown world
>>61023426I'm trying to squeeze her nose if you know what I mean.
Small, textbook cup and handle nearing completion on USDCAD.
>>61021420Because it went up instead of down. Congrats
>>61023171Good job, I saw it break that second 4hr candle low before I stopped watching
>>61024915
