Equity:816.74 - Kangaroo tail setup, and some new knowledge

Forex knowledge of the day : Resistance/support zones is a force that tends to repel prices, but they also work like a magnet. That is it will attract the price to the zone before repelling it away again.

Personal knowledge of the day : Previously I wrote about some of the social barrier that I face. I tend to get angry with some people for stupid reasons, and it affects my mood. The solution I posted in that blog no longer seems valid, and today I realized something else that might help it. The root solution to it might actually be not talking when you don't want to.

Sometimes, there are just some situations where your brain has something to say, but you are feeling otherwise. Maybe you are tired, maybe you think that saying it will cause awkwardness. Or maybe you feel you need to say something for the sick of putting someone down or just for attention sick. Maybe you think that you should say something just so that the someone will like you more.

Trust your feelings more than your brain on this one. When you choose not to talk rather than saying something for the sick of it, you realize that you blend in to the situation better. Understanding what people say is one thing, but understanding how people are feeling is another. And by blending in, you can fully relate to a deeper level of understanding. Which is how people are feeling.

Even though sometimes you might not have many things to say, but at least whatever you say out comes out of you more genuinely. With every sincere sentences that come out of you, you create a momentum for a better conversations. Maybe that is why there are some people that are more smooth than others.

Back to Forex, I placed the below trade. It is the same currency I tried to trade a few posts ago, the AUD/USD. I cancelled the Stop Sell, as the trend went the other way. However today, the trend start to form a different signal, which is the Kangaroo Tail.

The tail poked through the resistant line and went back down again, causing a Tail. One thing that is not perfect about the setup is that the range of the Kangaroo Tail signal (the high and low) is not really that long. The book says that it is supposed to have the longest range within the last 10 Candles.