Nice little retracement actually...
DislikedCalm down people, we still haven't even broken yesterday's high. Still looking bearish to me.Ignored
DislikedChina sell the dollar maybe...Ignored
DislikedThanks very much for your reply.
I stayed out because I had absolutely no idea which way the cable was going to move.
I was going to put a sell and buy stop either side by 30 pips at 1329GMT with stop limits at the 1329 value. But I thought, I'd just watch my first NFE.
However, is there a strategy that one can use to leverage such dramatic movements?Ignored
DislikedTake care! Lever your chances.....lever your losses just as easily.
Nothing wrong with staying out if you're not sure. Deciding not to take a position is still taking a position....if you see what I mean.
Watch, listen, ask questions, read, don't be in a rush cos Mr Market punishes the ill prepared. When you think you're ready, then paper trade.
You're in the right place, there's some fantastic advice and help here, from genuine people, who have probably forgotten more than I'll ever know about trading. Good luck to you.Ignored
DislikedOh my god, and I had a sell in and closed it at 9646. A little bit more patience and...Ignored
DislikedThanks for that advice.
And the cables dropped by 200.
I'm so tempted to go long now. But, my strategy is, if I can't fairly justify the decision, then I'm not opening a position, i.e. I don't gamble.Ignored
DislikedI have never seen a reversal move like after thismuch time has passed. EVER. simply amazing big boy power.Ignored
DislikedNo a little more elliott wave and you would have stayed in. come to the webinar on sunday.shoot me an Private msg with your email so i can send you and inviteIgnored