I'm about to get involved with this strategy on a daily basis. I've read through the thread, but can I get the latest on which pairs are working best with it? I'd like to keep it down to about 5-6 to actively monitor.
Thanks!
Thanks!
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QuoteDislikedI'd like to introduce Fractals at this point. Fractals help solve the entry timing question quite well and show when a pullback occurs. They also reduce losses by forcing a trend confirmation when the pricing is ranging. Quite simply, you do not get a valid fractal when the market is ranging, mostly when it is trending. The downside is that profits can be reduced using fractals because you can miss the start of some trends but losses are significantly reduced through minimal trades in ranging markets.
DislikedWhat does everyone think about that 110.74 low...I hasn't been that low since 5-1-2006 which was 108.97...any thoughts on what it might do?
SlkosierIgnored
Dislikedyeah.. i see it.. we may be too late on cable now.. I'm not sure look at it go!Ignored
Dislikedit might be, I would wait for a nice retracement as well as a cross in this case.Ignored
DislikedWow it has gotten quiet in here... Well I have only done 140pips this week so far...but that is fine with me as long as I am not in the red....
SlkosierIgnored
DislikedYep,
everybody waiting for the breaks to come, i have done nothing since monday but up 374 pips for monday and not a sausage since
We are going to get a break soon i tell youIgnored