DislikedHi, Tony. First of all, thanks for your generous sharing of this strategy and I believe in this strategy. But there is something I don't understand so I have few questions about the strategy. 1.How do we define a successful trade? Sometimes, the price will move at a faster pace instead of an instant spike after the news released. 2.Once we got a successful trade, are we going to let it run to 150pips and close at the latest stop loss if the price goes down? 3.How do we select the best currencies pair to trade? Since the news could affect the one...Ignored
Welcome
-A successful news is defined by a long candle, no reversals to initial price, no whipsaws and with continuation.
-Once in a successful news, I suggest you let it run to at least 80 pips
-Select the most popular pairs with the less spread
-Unscheduled news can happen any time. Open your eyes. The virus system used to track those on the 5 second chart. Nothing has changed.
-You don't really have to read the whole 800 pages but you can if you wanna have fun.
Hope you can make it. Good luck.
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