DislikedHi Dongsky,
If you don't mind, can I clarify on the above, please?
By majors and crosses, are you referring to the 3kgds? I used to look at that too.. when there's correlation, all is good. i.e. move tends to be stronger and longer.
However, I observed that there are also instances when the correlations doesn't exist and EU can still act on it's own due to whatever reasons.
I understand that there are no holy grails, but if i'm dancing the 5M EU, will it be better to just focus and flow with the moves?
I'm a bit confused here ......Ignored
it's always handy for me having euro crosses on my sight... euro/gbp, euro/yen & gbp/yen... when you're familiar with each pair's behaviour then it will be your edge...
i always dance at 5min, but when i catch a very strong trend... i normaly close 5 and turn my 15 min window...
sometimes when troops in deep water... have to check higher time frame to see some strong levels to calculate average... exit and profit target... remember, rescue must be done swiftly and quickly... and most importantly... rescue objective is to bring back troops alive... wounded is okay... but not dead... if make profit... then a bonus.
stick to one pair... and dance into 5 minutes... familiarise yourself with 3K and it's uses... one day... you will get you 'aha' moment
regards & good trading.
Success consists of going from failure to failure without loss of enthusiam