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EurAnalysis Kindergarten 24 replies
DislikedThis is why I like scalping. There's always set-ups in ranges. Sell top, buy bottom.
http://1.bp.blogspot.com/-SrHVfDAYHg...00/simples.jpg
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Dislikedtimon! whers pumba?
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i dont see any swing trading opps in eurusd right now that i can sacrifice 9 pips for.Ignored
Dislikedhere is an hourly chart for december in red
and a daily chart in the bottom in green
which one gives you a better sense of direction?
how can you take advantage of inefficiencies in the market?Ignored
Dislikedwell that is why i am running statistics for risk management and to make sure my discretionary trading method actually holds up to factual statistical data.
the problem i found with breakouts is that it is very hard to tell from false to true break outs, and most of the time especially below daily, the market moves in waves that do not follow the daily wave movement.
daily waves have a 50% retrace crucial point, if it retraces more than that you are looking at a potential formation mutation.
for anything below daily it is normal to have...Ignored