Did some researching on the info from last week's posts. Have more learning ahead of me.
Decided that in the interim, I shall stay with what has been profitable for me.
I am grateful to have the additional trading perspective for LONGER term trading decisions provided on this thread Re: contrarian trading.
Since I do not have huge amounts of capital;my trade decisions are focused on daily positive pips. Not a fortune in the making, but a living.
M Loonie had an up TL break (Nov 07-Jan 10) @ 1.0320. Indicators are down. Same with Wly.
Retrace to 1.0100 with 0.9980 support. MacD appears +ve divergence
Decided that in the interim, I shall stay with what has been profitable for me.
I am grateful to have the additional trading perspective for LONGER term trading decisions provided on this thread Re: contrarian trading.
Since I do not have huge amounts of capital;my trade decisions are focused on daily positive pips. Not a fortune in the making, but a living.
M Loonie had an up TL break (Nov 07-Jan 10) @ 1.0320. Indicators are down. Same with Wly.
Retrace to 1.0100 with 0.9980 support. MacD appears +ve divergence