as the daily ranges for different pairs expands and contracts has anyone experimented with using some fraction of ATR of X number of days instead of round numbers of 100 or 50?
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DislikedWith regards to the last post, if I was a little more experienced using this method, I may have looked at 0.9050 as a point of support, watched price as it closed above the tendline and entered at 0.9150, however, that's experience I will learn and as each trade is recorded in a journal, I will look back at all of them and see if the percentages are in my favour, if so, then earlier entries will be incorporated into this method.Ignored
Dislikedtoday it seems like i missed out on opportunities like AUDUSD, EURUSD and GBPUSD.Ignored
Dislikedwhat are your guys thoughts on trading today and tomorrow?
Watching with interest as AUSUSD is coming back to support line...Ignored
DislikedHi,
My A/U trade closed today for +100 pips and I will be looking at re-entering today; I am thinking about 0.9200.
My E/U trade came within 3 pips of it's life this morning so I haven't got any plans on that unless price heads back down - in which case my first area of interest will be the 1.4950 - 1.5000 area.
Regards,
DanIgnored
DislikedHi,
My A/U trade closed today for +100 pips and I will be looking at re-entering today; I am thinking about 0.9200.
My E/U trade came within 3 pips of it's life this morning so I haven't got any plans on that unless price heads back down - in which case my first area of interest will be the 1.4950 - 1.5000 area.
Regards,
DanIgnored
Dislikedanyone considering E/U 1.5 long, problem is not enough PA at the moment to rely on, since US markets are closed.Ignored
DislikedI realise your post was 7 hours before this submission and you would have recalibrated by now, this is my view as price has since unfolded....Ignored
DislikedGu is still sketchy, ... so I'll leave this pair until then, hopefully price will fall into my trap (I wish) and give me the perfect setup around that date.Ignored