SPIKE IN US DOLLAR INDEX !!!
5 Minute Chart from Finviz
http://finviz.com/futures_charts.ashx?t=DX&p=m5
Benjaminis
5 Minute Chart from Finviz
http://finviz.com/futures_charts.ashx?t=DX&p=m5
Benjaminis
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DislikedHi Ben Love reading your articles very informative keep posting please ThanksIgnored
DislikedGood Day All Hope everyone is doing well. Just an update on my account I had a US30 & JPY short position opened since Friday afternoon (SA time) Looking back, I did not enter at a good place on a Friday afternoon, at the time it looked like the momentum was still strong, but then it made a Pin bar, rejecting the support line on the US30 and JPY went following. Like Benjamin said, enter high for short and enter low for longs. Patients is key, I must still work on my fear of missing out. I also think after the profit I made on Friday, I should not...Ignored
Disliked"The way that I trade these BIG Fundamental news releases is to be all in cash in most cases. That way you can trade almost INSTANTLY the extreme reactions whether short or long and get GREAT ENTRIES for the Trade Plans that we are using." Hi Benjamin Thank you for your reply, can you please elaborate what do you mean with "to be all in cash in most cases?"Ignored
DislikedHi Benjamin, thank you for your reply. Yes I will post the charts each day. For some reason I can not open Silver on the MT4 FXCM Demo account. So will post the other 3. In which time frame should I post? {image} {image} {image}Ignored
Disliked{quote} Thank you very much. Do not worry about Silver. The Hour Chart is fine since it covers the time frame that we are interested in. Keep up your good work. When I move to my corporation website you might end up with a paying job which also explains how my teaching Forex while I am trading my companies funds helps me stay very alert and aware. I usually only trade between 2 AM EST and 5 PM EST with breaks in between. I start at 2 AM EST because that is when Frankfurt opens one hour before Europe fully comes on line and the Money starts to Flow...Ignored
DislikedStop loss at breakeven zone. USDJPU {image}I will sell at the intersection of SMA 20 {image}Ignored