DislikedNot sure about the Fib bit, it seems to me the most important Fib number is the 50% and that isn't even a Fib number. Anyway we just made another... {image}Ignored
Trading the Cable swings via averages
- #7,825
- Apr 26, 2022 10:06am Apr 26, 2022 10:06am
- Joined Mar 2016 | Status: Trader | 6,383 Posts
There are moves within moves and moves within those moves because several time frames are involved.
Best to just stick to the simple stuff. At least until the video comes out.
LPC simply tells me it was the Last Pivot prior to Crossing the EMA i.e. Last Pivot Cross
Best to just stick to the simple stuff. At least until the video comes out.
LPC simply tells me it was the Last Pivot prior to Crossing the EMA i.e. Last Pivot Cross
- #7,828
- Apr 26, 2022 8:34pm Apr 26, 2022 8:34pm
- Joined Mar 2016 | Status: Trader | 6,383 Posts
Anyone not able to find their pips only has to look at the 5 min chart to see there were plenty of short signals to make a huge profit yesterday.
The grid is ten pips wide and just look how they piled up.
I see on other posts many try to anticipate the bottoms and opt to trade against the trend. This is the very best way to lose money
The grid is ten pips wide and just look how they piled up.
I see on other posts many try to anticipate the bottoms and opt to trade against the trend. This is the very best way to lose money
- #7,830
- Edited 2:57am Apr 27, 2022 2:32am | Edited 2:57am
lol same here, but it's somehow encoded in my brain that no, it can not go lower any further! Or can it ? Well after few failures yesterday I decided to trade with the trend 
.
Today, only one trade against, the rest, wisely, with.
edit:
redeemed the against the trend loss with one that worked out.
aimed at average, scalp only.
.Today, only one trade against, the rest, wisely, with.
edit:
redeemed the against the trend loss with one that worked out.
aimed at average, scalp only.
