Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum. You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil
If you want to learn more about the basic rules to trade with my indicators here's the educational video link :
Order cancelled
Thanks to users who notified my about the G20... I dedided to cancel the trade. The reason is simple... Trading counter-trend is already risky... adding the G20 catalyst in this trade entry would be total madness.. Can't delete the idea once posted... PLEASE DON'T FOLLOW THIS TRADE.. way too dangerous. Huge thank you to those who reminded me about the event.
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I generally don't care about catalysts cause most of them rarely impact the timeframes I'm trading on.. But some matters... And that G20 might be a big one.. I said in the video that only a big catalyst could invalidate and push the prices lower to break down the 6000$.. Well that's a big mistake to have forgotten about the upcoming G20 ! That's obviously the kind of gigantic event that can cause such breakout... Remember that trading is only assessing the risks and potential rewards... here the risk is way too enourmous due to the incertainty that summit introduces. That's the only reason that lead me to cancel that scenario. I'm not shorting either unless we retrace to 9200 .. Otherwise I'll just doint NOTHING and I think that's the only option here
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I've putted out this new video.. with my sincere apologies about the great mistake it was to use technical ahead of a big market mover event ! Once again, nobody's perfect, even after years of trading .. Anyway every errors brings a lesson. So here is "Today's Lesson" episode two !
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