Today is only 61 pips scalping, the lowest in the week.
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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedUnless we have a big rally, fibre tends to move in 20pip segments, 40 up, 20 down, 20 up, 40 down, 20 up, 20 down, 40 up, etc. It prefers double moves with a single retrace. When she is ranging you will get a lot of 40 pips move in one direction, followed by a 20 pip retrace and then a 20 pip fake.Ignored
DislikedDid not know that. I'll keep it in mind, this will be useful.
Other question: GBP/USD went up so did gold, is theer any reason why fiber is still struggling (no news that I am aware of about EUR that would weaken the pair more than GBP/USD...) am I missing something?Ignored
DislikedUnless we have a big rally, fibre tends to move in 20pip segments, 40 up, 20 down, 20 up, 40 down, 20 up, 20 down, 40 up, etc. It prefers double moves with a single retrace. When she is ranging you will get a lot of 40 pips move in one direction, followed by a 20 pip retrace and then a 20 pip fake. Just a matter of finding the edges of the range and then you can find the 40 pippers, buying mid range, as we are now will only get you stuck in the 20 pippers with lots of fake outs.
My play for the day has been to buy the rejections of the lows, am...Ignored
DislikedI am closing the day and the week.
At this moment I have one lot long at an average price of 1.2963 with a TP @ 1.3074 and I'm leaving this position into the market till next week.
Profits marked this week = +129 pips
See you all on Monday!Ignored
DislikedAnd further wisdom is shared for free here. Already stored for further use. Thanks again Cloggie, you know you don´t have to do this -Ignored
DislikedHave a wonderfull weekend everyone... I love you all (even the lame 10V traders) and I was only here to help others and give them the help that I received from trendliners xxxxxxxxxxxxx
PEACE and OUT
Remember to get up and beat the system...
http://www.youtube.com/watch?v=q7iXcKKpdx0Ignored
DislikedDamn right... i was fine after the NFP... but I've just taken -20 trying to trade this sideways crap.
Okay, despite being on the wrong side of overtrading, will buy the retrace to 70.
GrrrrIgnored
Dislikedhttp://www.cmegroup.com/daily_bullet...ns_2011004.pdf
this will have the open interest, adjusted every day...Ignored
DislikedNFP today was a non event so we are ranging, you need to focus on finding the edges and ignore the triggers midway. That will give you the higher probability trades for around 40 pips each. I am still biased towards a correction so I covered all my longer term shorts and will only buy the dips, ignoring the rallies.Ignored