attachment4

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radeStation Chart Analysis - USDCAD Daily

SDCAD-Daily FOREX L=1.1588 +0.0001 +0.01% B=1.1588 A=1.1593 0=1.1587 Hi=1.1599 Lo=1....

this is an example of descretion. notice the bar marked with an arrow. by all standards its not the greatest pin bar. its in traffic. it does not have a long nose but notice what else is going on. its at a level being tested for the third time. its off of a trend linę and its channeling between 1450 and 1750. when you have trained yourself through practice and effort you begin to see things you would have neverseen before. overtime itturnsyou into a good or great trader. knowledge is power but getting good at anything takes time and a strong commitment. why do 95% of traders fail? because they are not willing to do what it takes. its easier for some than others but its ultimatly determined by determination and a willingness to practice foi^as4omi as it takes.

1.1752 multiple tests and rejection

Created wilh T radeStation


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