USD/CAD +50 pips =)
Price turned at Support from yesterdays downswing or maybe at 1.0400 if one gives regard to round numbers.
Fact is that this fib-tool is great! I experimented with price action before I found it. I have read Steve Nison's book about interpreting candle sticks and Ed Ponsi but I was not profitable. This tool combined with price action is really, really great!!!
But being honest I still have more loosers than winners. But I'm in profit!!! hahaha =)
I'm very delighted to get more experience with this trading style! (And looking back it seems like the mayority of my loosing trades is because of my lag of patience. I'm always taking trades to fast! Thanks of this tool I stopped closing trades to fast =)
However it seens this USD/CAD trade I closed not to soon ;-)
Very often market turns with the beginning of the US-session! Does anyone take trades because of this ? I did but then I was not sure and closed the trade. What a pity because we are actually +30 pips!
Price turned at Support from yesterdays downswing or maybe at 1.0400 if one gives regard to round numbers.
Fact is that this fib-tool is great! I experimented with price action before I found it. I have read Steve Nison's book about interpreting candle sticks and Ed Ponsi but I was not profitable. This tool combined with price action is really, really great!!!
But being honest I still have more loosers than winners. But I'm in profit!!! hahaha =)
I'm very delighted to get more experience with this trading style! (And looking back it seems like the mayority of my loosing trades is because of my lag of patience. I'm always taking trades to fast! Thanks of this tool I stopped closing trades to fast =)
However it seens this USD/CAD trade I closed not to soon ;-)
Very often market turns with the beginning of the US-session! Does anyone take trades because of this ? I did but then I was not sure and closed the trade. What a pity because we are actually +30 pips!