Got filled a bit late, as I made MARKET ORDER not PENDING but still good for fast tenner, could have been 15 pips but ok
Hope u have played out this as suggested above.
Hope u have played out this as suggested above.
DislikedEGkid's Pm is off - but i promised him some analysis on the AUD and what i think about it
http://timingthemarket.weebly.com/2/...se-is-the.html
It is pretty long to be posted here.. but its at my blog above. For EG and anyone else interested.
on top of that - i went long on aud 1.0597
and gold on 1690.75Ignored
DislikedOk, the reasons I took a long trade are explained in the chart. I usually go with the trend. I use Bollinger Bands with MA and TL solely for COUNTERTREND intraday swings. That is what I have learned from Mr.John Bollinger himself.
U need to apply MM always. Today I got 20 pips mostly by scalping EU ( break of 3165) and USDCHF.
I am risking 32 pips with 1/2 standard entry size for this particular trade and that gives me a total risk of 16 full entry size 1/1 pips. So even if it hits SL i will still be in a small profit for this day. The target...Ignored
DislikedHi T.
Very good explanations and levels, thanks for sharing.
Also see ranging coming up (LTL @ 1.3118). If USDX is rejected from 79.8 then we may have a DT forming in USDX with neckline @ 79.68 (at the time of writing this).
We haven't reached the aTR with Euro atm and 1.3115 would be a great place for a rejection too.
NY in 30mins.Ignored
Dislikedyes LTL 3118, also BW confirmed. May add long to cover at 3118. But my 7 days ATR has been overshot..Ignored