DislikedIt looks like a strong breakout move is in play.. I hope it helps {image}Ignored
Looking at the charts the next days should be clear. Unfortunately robber banks know that as well.
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LIVE Trades Only : EURUSD & GBPUSD 122 replies
Strategy behind 1 EA (buy only) and 1 EA (sell only) 2 replies
Trading EURUSD only 43,752 replies
Eurusd-5m Trading Only 109 replies
Script to change EA to long only/ short only at a price level? 1 reply
DislikedIt looks like a strong breakout move is in play.. I hope it helps {image}Ignored
Disliked{quote} The long term trend IMHO is up, but the medium term trend is down with LH's and LL's. I expect a shoulder test to the H&S where I will start shorting, around 1.2070 area stops above 1.2170. Targeting 1.1888 area to begin squaring up and out of all in your area around 1.1777. {image}Ignored
DislikedI can't think of a scenario when 1.2130 does not get re-tested first, but it may fail in a few more pips in a capital manner. There is 1.2141 and 1.1255, 61 and 66 for the next levels. Everybody and their grandma are convinced that inflation is coming in the US. Japan has been in a deflation from the 90s and they are not doing anything differently. DXY is going to rally back to beyond the 103 high, and the reason would be the bond market rallying due to the rates going negative (it took 2 weeks to get from 95 to 103 at the last EURUSD liquidity...Ignored
Disliked{quote} can I ask where I can find the information about U.S bond? Thank you in advance.Ignored
Disliked{quote} If I can get 2xR per day i'm happy, so usually around 20 pips for me. Sometimes I'll stop after 1-1.5xR. Typically might risk 2-2.5% per trade which might be on the high side for some people but fine for me. I did have an exceptional day on Friday with 85 pips. I'm just scalping the 5m chart, in and out with tight stop loss. Ideal for me is just 1 deal a day, maybe 2 or 3 max. I know for the two markets I follow if i'm patient there will be an opportunity every day to grab 20 pips easily. This may sound a paltry amount to some people but...Ignored
DislikedDont be in a hurry. Unless you see a 1hr closes below 1.2128, or better 1.2121, dont enter sells.Ignored