519 - GBP creating an action

Both charts are similar.
However, one doubt I am having is regarding the pin itself.
The tail is not really 3/4 of the candle.
The candle itself is also not that large, or significant, compared to its predecessor.
I remembered reading before, when there are many large candles before, it may be the momentum is taking a breaking for the moment.

519 - thoughts on Ray Dalio video*

Ray Dalio did an amazing video, trying to educate people about the economy.
It seems simple, but it is those video that I do not really get the point.
I rewatched it again, and somehow it gets a little bit clearer.

The debt cycle is like human.
We are optimistic, so we spend more, and with the help of credit.
The same human is like the economy.
When people are very positive and excited, we all put out our money to spend and invest.
Everything starts to go up.
That is when the down slope of the cycle happens.
Something burst, and slowly things get dragged down by it.
Then we go back to the way of cutting spending, and being thrithy.
We are also scared to invest, and work hard to survive.
But it is also the time when assets are good in value.

519 - follow-up

This seems to becoming a potential trade.
But I must remember, it is only high probability.
I hope that the money that I have left can allow me to enter at least 2 lots.

519 - nice but...

The tails at both ends are a bit too long.

519 - something to monitor

Nothing much that I see since my trashing.
Only the above, which is reaching its support zone.

519 - improve from failure

Above from previous post.

One way I can improve from previous loss. 

Before I entered the trade, I should thought about the below.

There is actually no resistance zone.

Because price only tested it once.

So the next time the price area is tested again, it can be used to determine if it can form a zone.

519 - update on destruction

The above further destroyed me.
Saw a bearish pin at resistance zone.
But it continued heading higher.
On a positive note, I set Stop Loss at 3/4 of the tail.
Still, I am at my lowest point ever.

Well, keep calm, and carry on.