July 1 Pound-Dollar contrarian short

This time it's a contrarian trade.

Before I knew it, everything was moving higher.

The pound-dollar was just at Pivot's R1.

Normally, I wouldn't recommend contrarian trades at R1 or S1.

However, as in this case, with a sudden rally, a pullback often occurs briefly, in my sense.

If you're going to trade against the trend, I would recommend going around R2 or R3, but...

In the end, I quickly grabbed 3 pips and finished.

A trend-following 5 pips, contrarian 3 pips is enough.

I don't draw horizontal lines much. The reason is that they often overlap with Pivot lines, and Pivot serves that role.

Therefore, I even added Pivot display to the EA on purpose.

If anyone wants to try it, please do.

But I feel like no one is watching me, so my motivation is dropping, haha.

Trading is lonely, so I thought it would be interesting to have a community, but that seems difficult.

So I guess I'll just keep at it alone, quietly, haha.

I'll keep at it again tomorrow!