It's been quiet so far this year. And that feels right for the first time in a long time.
I have only made two trades thus far. EUR/USD and ETH/USD, respectively.
I made about 29 pips from the EUR/USD trade. A Head & Shoulders that was sincere rather than boisterous or conventional. You could sense the momentum waning and the upside becoming costly. Over the years, I have witnessed the same thing repeatedly.
A falling wedge was the ETH trade. purchased for about 3140 and sold for about 3198.
Sellers were arriving, but each time they did so with less conviction.
Patterns aren't just about shapes. They have to do with conduct. When participation shifts and effort no longer equals result, they become apparent. They make much more sense when you treat them like stories rather than signals.
I made about 425k in profit last year, but it was accompanied by a lot of activity and noise. I'm leaning toward fewer trades and a more defined structure this year.
So far, there have been two trades. They both made sense. Both are at ease.