Something interesting I found online. Let me know what you think. The chart is a monthly EURUSD.

Something interesting I found online. Let me know what you think. The chart is a monthly EURUSD.

Sell position in profit close NZDUSD earnings $1744, $690 = $2434 profit. Loss positions: USDCAD -412, -150. EURUSD loss: -318. = -$880 $2434 - $880 = $1554 in profit today. Trade safe traders, and have a good weekend.

You are right, I totally forgot about that. I did see the strategy you are talking about RSI and using daily chart, just not too long ago. But because I don't use indicators, I totally forgot about that. You're right, it is leading indicator and can ...

If you want to trade during the day, you can use something like this, where price is turning and take 20-50 pips in a day. Or you can hold it for longer.

COT reports are very useful, but it is for longer term. Like weeks, and months of building positions. It is not for shorter term trading. But if a trader don't know how to use it, than stay away from it, and find something else that will work for ...