Metals Down, Euro retracing , Corr. Assets down, Oil Down: Bias Bearish on EURO, USD rising. Vix rising not yet to an extreme level, NFP could pull it.
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Joined Oct 2009
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Status: Choose a good PROJECTOR model
|717 Posts
When D and W chart are under consolidation, it means the direction is hard to predict.
From my experience, most likely the J will go strong next week due to the cycle not complete yet.
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Joined Oct 2009
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Status: Choose a good PROJECTOR model
|717 Posts
This will not be an easy week, due to it is just a weak wave.
Your in and out timing need to be very precise in order to make money.
Remember the timing grouping (M5, M30 & H4), M5 used as the timing of in and out, but the problem is how to make it work?????....
Remember the true and false signal?
just did strong weak rankings about 10 min ago and here is how it is looking.
nzd,gbp,chf,euro,aud,cad,jpy,usd
so good watchlist candidates are nzdusd and nzdjpy. along with gbpusd, gbpjpy.
good luck
Hey guys, This is my first post in a long time so please bear with me. We all like winning trades no doubt, and we spend most of our time looking for an 'edge' that would tilt the scales in our favor. When we trade currencies pairs we buy one and sell the other, we trade because we see something in our charts or because of a piece of news etc etc...something that could help give us a higher chance of winning is if we pit a strong currency together with a weak currency and buy the strong currency while selling the weaker currency. I felt this would...
Ignored
I have read this article it is about news and events.Am sorry to say this , I haven't seen many successful traders that are News based. The Graph is all you need . Incoming news you will sight it in the graph, pending news it is in the graph A friend of mine that used to look at all these parameters some years back is now a frustrated trader .He called me few weeks ago that he has finally sold his PC so that he won't have access to FX again.In those years while he would fix his gaze on Palestine - Gaza - Israel matter , I will focus on Gold graph He will tell me a news is coming , i would tell him i have sighted it using graph .Though it takes time minimum of 15years to have a solid grip of the Graph but Am sorry all these News are nothing closer to what Physical Interpretation of Data on the Graph offers.I rest my case
When D and W chart are under consolidation, it means the direction is hard to predict. From my experience, most likely the J will go strong next week due to the cycle not complete yet.
Ignored
That is the reasons for having 2/ 3 methods of trading
Face both Win and Lose bravely
