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Fundamental and Technical Success

  • #21
  • Feb 16, 2020 11:02am Feb 16, 2020 11:02am
Quoting flockofpips
This week spike trading is for GBP retail sale, i will be trading the swing in the direction of the news before the day of the news to maximize my profit and the pair i will trade most this week is GBPAUD,also CAD pairs like USDCAD, after every news , i will be watching for the strongest and the least for pair to trade. Also as always will be trading the PA of enormous strength without news of any currency. That's the plan for the week, have a green pips for the week. Flock of pips
How do you actually use the currency strength indicator ?
  • #22
  • Feb 16, 2020 11:44am Feb 16, 2020 11:44am
Quoting noname2x
{quote} How do you actually use the currency strength indicator ?
when you see big difference in the currency strength indicator like the NZDJPY i posted in the first page then look for the lowest from the pairs that's your pair to trade for the news and this should happen within seconds..
  • #23
  • Feb 16, 2020 1:31pm Feb 16, 2020 1:31pm
hello, can you show your entry again
  • #24
  • Feb 16, 2020 2:18pm Feb 16, 2020 2:18pm
Quoting flockofpips
{quote} when you see big difference in the currency strength indicator like the NZDJPY i posted in the first page then look for the lowest from the pairs that's your pair to trade for the news and this should happen within seconds..
Interesting , may I ask what the logic behind ? Base on the example on the first page, why don't you trade USDJPY, cause USD is quite stretched
  • #25
  • Feb 16, 2020 3:52pm Feb 16, 2020 3:52pm
Quoting noname2x
{quote} Interesting , may I ask what the logic behind ? Base on the example on the first page, why don't you trade USDJPY, cause USD is quite stretched
I did not see USD stretch but NZD maybe you should check very well, i do trade USDJPY but only for non news strength which is around the support zone i drew
  • #26
  • Feb 16, 2020 3:54pm Feb 16, 2020 3:54pm
Quoting ingo3344
hello, can you show your entry again
subscribe to the forum you will see a lot of entry opportunity posted so that you can understand the concept behind my strategy
  • #27
  • Feb 17, 2020 1:30am Feb 17, 2020 1:30am
Quoting flockofpips
{quote} I did not see USD stretch but NZD maybe you should check very well, i do trade USDJPY but only for non news strength which is around the support zone i drew
My bad I confused with the green color of USD
  • #28
  • Feb 18, 2020 6:01am Feb 18, 2020 6:01am
No news though i enter late but the risk worth it.. having a tight stop and take profit is my priority.. and as predicted the GBP pairs are consuming the retail sales news before the day
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  • #29
  • Last Post: Feb 18, 2020 6:40am Feb 18, 2020 6:40am
hit take profit.. green pips
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