Disliked{quote} @Greener: My initial scale in buy is set at 1.6735 and then I add if or when it goes against me. HDA OUTIgnored
Fix up, trade sharp ...
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Disliked{quote} @Greener: My initial scale in buy is set at 1.6735 and then I add if or when it goes against me. HDA OUTIgnored
Disliked{quote} Why do you want to add when it starts as a losing position? I would normally wait and reenter after PA shows a reversal on such an occassion.Ignored
Disliked{quote} @Hickson: Averaging is the answering I do not know the future, so I'm trading as the market moves, waiting for confirmation. Good Support is at that level, but you must have a contingency if it fails. So you enter, then wait for confirmation from additional facts as to how to carry the trade. But you must plan bearing in mind, what will be your next course of action if X happens, so that if X should happen you are prepared. Please bear in mind you are responding from a statement I have made and not the facts of price action which has not...Ignored
Disliked{quote} @Hickson: Averaging is the answering I do not know the future, so I'm trading as the market moves, waiting for confirmation. Good Support is at that level, but you must have a contingency if it fails. So you enter, then wait for confirmation from additional facts as to how to carry the trade. But you must plan bearing in mind, what will be your next course of action if X happens, so that if X should happen you are prepared. Please bear in mind you are responding from a statement I have made and not the facts of price action which has not...Ignored
Disliked{quote} @Greener: My initial scale in buy is set at 1.6735 and then I add if or when it goes against me. HDA OUTIgnored
Disliked{quote} @Bones: I roll with the punches Bones - you are asking me to speculate as to what will or could happen. I don't do that. I wait first for price action and confirmation. Don't go down that road Bones - Lets Wait And See What Happens, letting PRICE ACTION be our guide. You are asking me to formulate in my mind a scenario - that is bad trading, it affects one's analysis. We are to train our mind to only focus on what is currently happening and not what we think may or could happen. Always trade only what you see. Let's See What Happens HDA...Ignored
Disliked{quote} @Bones Ahhh understood. As it stands right now - 1.6600 is a solid buy for GBP/USD for the continuation of the bull trend. If we should get to as low as 1.6630 then we are looking for 1.7330 If we turn before getting to 1.6630, then we are looking at 1.7600 So shorts must be cautious between 1.6750 and 1.6600 Position Traders are setting up to take this long again. HDA OUTIgnored
Dislikedunfortunatly ,the gbp wont recover I hope very much this conversation isnt to quote me later {quote} {image}Ignored
Dislikedunfortunatly ,the gbp wont recover I hope very much this conversation isnt to quote me later {quote} {image}Ignored