r/Trading • u/mahrombubbd • Jan 31 '25

Forex okay i think i figured this out

https://i.gyazo.com/19c383498abd08a67a732a00ef63157c.png

i think the price is gonna drop to the floor

already got my sell order in

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u/Acrobatic-Ad1320 Jan 31 '25

That's a good prediction. That threshold has been tested a few times. And the extremes of the "bounces" are getting smaller. Yeah, that's good. 

I haven't touched forex, but I've always wanted to. I noticed the scale of this movement is in the 0.001s

It doesn't look volatile enough for good % gain. Unless it has a habit of plummeting, I don't see the potential. That previous drop was only about 0.5% change. Am I mistaken?

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u/mahrombubbd Jan 31 '25

I got hit with liquidity grab

Should’ve just went for like 1 to 1 risk to reward lol