Dear my subscribers,
My third trade is meant for more profits than just scalping, it is easy to criticize this or that after the incident has happened with so many "if you did this or did that" but i guess it is meaningless as it provides zero value in trading. I hope you could understand that this is a real time trading where i am trading my real money just like you and you are following my signal decision, if you are having a drawdown, that the same goes to me, i would not be happy to see my trade turned from profit into a drawdown just as much as you dislike. But this is a part of the trading, there are always take and give in the whole trading decision. Even though i am having a high drawdown just like you, but i need to be acting and trading in a emotionless way by not simply hedging or closing the trades in unnecessary loss, i need to act independently based on my anticipations solely. I hope you would judge after we close the trades rather than because of your fear and you need to release your stress. These few days rally was mainly due to the shock from some unexpected speeches from Trump and UK May, however, it has not yet changed the fundamental aspects that i highly anticipated on 21th of March in my news update, obviously, it delays it to some extent. At current moment, market has not yet fully factored in the uncertainties in French Election, and this coming Sunday French election has 95% chance that either Le Pen or Melenchon will get through the first election into the second election on 7th of May. This will surely create a sharp drop in eurusd. After that, the market will fully factor in all the possible political risk from French. So, it is wise that we just leave our trades opened during this event and i see that the risk is very much minimal. Today, the price movement has also very well confirmed that the current bull is just a temporary retracement rather than a true long term trend. I am sorry for taking so long time for the trades to close well although i highly expected that we could have closed all in profits last week before the comment from Trump that he wants a weak USD. Anyway, we are still in a right way, and my long term fundamentals analyses rarely go wrong although i might be affected by some short term unexpected spikes. I wish more patience from you so that we could end up well. Thank you.
PATIENCE IS THE VIRTUE OF TRADING