Cable and USDCAD entries. Cable had been ranging
USDCAD.....should have just left it to hit my TP, oh well.
Firmly believe the best entries are when price returns to a supply or demand level the first time. I also consider the daily average pip range, looking at cable for today it has traded from hi to low 211 pips and the daily average is 161 so taking a long entry now I dont consider to be too risky. Similar with AUDUSD, Hi to Lo 180, daily avg 188, similar story on EURUSD, but I could and have been wrong more times than I care to remember in this game.
USDCAD.....should have just left it to hit my TP, oh well.
Firmly believe the best entries are when price returns to a supply or demand level the first time. I also consider the daily average pip range, looking at cable for today it has traded from hi to low 211 pips and the daily average is 161 so taking a long entry now I dont consider to be too risky. Similar with AUDUSD, Hi to Lo 180, daily avg 188, similar story on EURUSD, but I could and have been wrong more times than I care to remember in this game.