Make all possible mistakes in demo and rain in pips in live account
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DislikedI havent seen anything new in my analyses, valid by weekly close above/below middle band.Ignored
Disliked@9jatrader, Happy new year. I took some break from forex trading last year. What do you think of this setup on USDCAD? It has crossed the middle band on the daily chart and the 4hr has crossed the upper band. {image} {image}Ignored
DislikedI decided to join the EURUSD bears using the daily middle band and 4hr lower band. Trend seems exhausted.Ignored
Disliked{quote} I'm cautious of the opening an short order on the EU, because of: 1. Risk reward looking at my next target is not adding up. Risking 56 pips to make 76 pips. 2. What do you think of the support lines at 1.221 just below the current price point. Also I wanted to ask just for a refresher, do you set target points with this strategy. I remember at the beginning you said to close the trade when the MA crosses ( if i remember correctly), what is your current take on taking profits? {image}Ignored
DislikedI'm currently looking at USDCHF to enter long is the daily closes above the middle band and 4 hr above upper band. It is almost there. {image}Ignored
DislikedJust as the Double Tops on AUDUSD would affect EURUSD and USDCHF it would also affect NZDUSD. AUDUSD ( Down )=EURUSD ( Down )=USDCHF ( Up )=NZDUSD ( Down )Ignored
Disliked{quote} No. It hit my target point at 1.2569 (99 pips), though my heart wanted it to stay longer but I wasn't sure how to set the targets with this strategy. That's also why i was asking how you set targets. Now I'm thinking I should have set the target higher.Ignored