The analysis is perfect, it is the conception of what is happening in the market that is confusing at times!!
Master Sive, you asked me what I am struggling with.
I mentioned it a few weeks back with my question about how much money needs to change hands to move the EURUSD one point or 1 pip.
Recently with these huge moves I try to understand what causes these huge swings, like today it suddenly dropped on an enormous red candle after the Poland missile issue came out, just to fly back up within an hour after the news broke. Who are the players in these moves, what and who to watch for, as trading the last couple of weeks has not been a walk in the park and as a trader one needs to be very much aware of exposure to this.
Maybe for myself was to much pinned on your expectations that we will see 0.90 levels soon and that suddenly changed dramatically. What did I miss?
I continue... maybe. Sometimes, the trading with no leverage or very small leverage, such as 1:2 - 1:3 could help. I trade long term gold in this way. It has a lot of advantages. You could not place stops, or place them rather far. Market has to drop 25-50% to make big impact on your assets. And you absolutely do not care about noise on daily and lower time frames. You just bet on major direction. Maybe this could be good solution? Yes, the return will be smaller, but anyway much higher than on bank deposit, somewhere around 10-15%. It is longer way, but it is not as annoying as day-by-day trading.Maybe for myself was to much pinned on your expectations that we will see 0.90 levels soon and that suddenly changed dramatically. What did I miss?