i will continue to sell into the rallies and buy the support levels
T.S.
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DislikedLook now at range 1,3550-1,3575 ..
This is the area on the hour basis to overcomeIgnored
DislikedWhat is your strategy Kasper??? Besides making your paper....Gotta love selling into these rallies make those quick 30 pip gains...Ignored
DislikedThe more i look at those charts, the less i understand in which direction it is going.
Up, down, then up, and with a lot of pips.
Yesterday 265 pips; today 264 pips, i don't get it.
Can anyone explain it very simple? why when up, down,
Is this following the DJ index, because it looks similar.Ignored
Dislikedfollowing support / resistance is my general strategy. still tweaking as time goes. attempting to follow pivots and psych lines. unfortunately my discipline still leaves some to be desired and that's causing me issues.
need to work on my exists and no when to take profit. either take too early, or take too late and lose profit.
EDIT: yes i'm using MM, but the retraces still always get me. Rally's i like, but i've gotten stuck in those so often, that I tend to avoid them.Ignored
DislikedSimple answer: Price is based upon motivation, supply and demand are results thereof... More specifically, price action volitility, USD has been very weak for a long time, this is a correction of price...Americans are questioning why Euro is a 30% markup and not a 1:1. Although a flood of USD has been injected into the market the demand is huge because U.S. is, still according to some, the safest place to park. And with all the Euro instability we can more likely than not continue to see the same over the next couple of months as U.S. markets search for a bottom. Just my pip, for what it is worth, maybe i should pay you to take it...?Ignored
DislikedHi All!
Like many here I like to read your posts (maybe coz im n00b and cant post anything new by myself .
So I need an advice: i am short from 1.3544. How do you think when the price will be near this level (I dont speak abt profit, just want to lower losses).
Tnx.Ignored
DislikedHi All!
Like many here I like to read your posts (maybe coz im n00b and cant post anything new by myself ).
So I need an advice: i am short from 1.3544. How do you think when the price will be near this level (I dont speak abt profit, just want to lower losses).
Tnx.Ignored
DislikedI proceed as follows:
based on hour ... if opens below 1.3595 (next hour).. then OK
then put the stop on an open (hour) over 1,3670Ignored
DislikedMy opinion safest way to trade this is on breakouts using pending orders...above and below supports and resistancesIgnored