Time: 11:00 GMT
USD/JPY.
Will not be trading this today because it just seems to be ranging.
USD/JPY.
Will not be trading this today because it just seems to be ranging.
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Quoting MarkjDislikedDay Rap-up:
The only trade that meet entry for this system today was the USD/CHF, at 2pm GMT. Trade for this pairs just the 4th target (6.35 GMT). You would have made some nice pips trading this.
I didn't take this trade purley because the market was just too crazy today. I don't now what you call it "Xmas"? Anyway after the jump up in most pairs, to over target 4, for no clear fundamental reason, I decided to stay out of trading this strategy today.Ignored
Quoting gtketumDislikedwell, the situation with the stock market in thailand almost crashing caused this whole confusion in the currency market as most investors who were cashing out of that market were buying euro's and pounds and ditching the weak dollar. all technical analysis that i've looked at in all other trading systems were showing a short for cable and Euro/usd. then as soon as the thai news break, mass confusion.Ignored
Quoting cipher4dDislikedHi MarkJ,
Have you ever tested your system with a 25-20 SLA instead of the 30 SLA? I have been brushing over a few charts applying this stop loss and so far I am seeing potential.
Thanks
-MikeIgnored