Hi Alexandria
the market moves in a pump and rest motion (fti explained this to me a while ago), i personally look to enter in the rest period and take the next pump (this is just what i have learnt to do), sometimes that pump is 5 or 10pips sometimes it is 50 or 100pips, i just take each as it is given (if i can), this way i am moving with the market, most people think of the market as pairs, i do not any longer, i look to see if a currency is moving, if it is it will show across the board not just in one or two pairs. if your trading the 3k's then if you think about it you are trading USD.
regards
Phil.
the market moves in a pump and rest motion (fti explained this to me a while ago), i personally look to enter in the rest period and take the next pump (this is just what i have learnt to do), sometimes that pump is 5 or 10pips sometimes it is 50 or 100pips, i just take each as it is given (if i can), this way i am moving with the market, most people think of the market as pairs, i do not any longer, i look to see if a currency is moving, if it is it will show across the board not just in one or two pairs. if your trading the 3k's then if you think about it you are trading USD.
regards
Phil.
-be careful about what you allow to be put in your mind-