I've sold calls at levels that I don't think EUR/USD will reach, hoping to pocket the premium.
Trading with stop losses in FX is a loser's game in my case. Options FTW.
Trading with stop losses in FX is a loser's game in my case. Options FTW.
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Disliked{quote} 30 min 200 ma is interesting too, I am watching if this is going to expode up above after so many time in a downtrend. Yet its curve looks down, so caution!Ignored
Dislikedbasic in volume and price, price manipulation is dismish, may be the real big trader (TIER 1) has absorb .... {image} {image} {image} In principle, the big trader does not always intervene in price movements in the market, except for the direction of price movement not in accordance with the big trader scenario in the direction, range, volatility, unless the big trader has a special need/interest in price, the rest is left to Herd/Tier 2. {image}Ignored
DislikedGood morning. With lot going on the fundamental scene of EU - a new story: resignation of Draghi in Italy and Friday I am afraid that EU will spike up - chances are bigger from yesterday. FED has pured some cold water in 1.00% rise and ECB is going to meet next week posibly for 0.25% rise, but lots of talks that it is going to raise another 0.25% are on the wires. Also I expect to see its new bond program. So, we may see some profit taking from the bears and the price above 1.0100. From the other EU is bearish and it can drop to yesterdays lows...Ignored
Disliked{quote} The logical issue with that is the following: If you can consistently profit from trading more than 99% of the time, you should be able to make all the money in the world and be the world's richest person. All you need to do is remortgage your house and bet big, and you will be a billionaire within a few months.Ignored