Wats Happening On monday?. lol
Trade What You See - Almost Naked Trading
GBPCHF is also on my watchlist since Thursday.
http://www.forexfactory.com/showthre...51#post4781651
I did not trade it, because it was almost weekend (and time to chill) when the price reached 1.32.
However please observe that there is a big difference (35 pips !!!) in the last candle between our charts.
We could have made easy money money by selling with my broker and buying with yours.
The same thing with EURCHF, where my chart shows a higher closing than yours (almost 40 pips).
Strange isn't it ?
Probably my broker was hunting for stops and limits in the last minutes of trading.
It might be worth it to open an additional account with another broker.
Anyway, Aussie and Swissie crosses are on the wathclist
Trading starts in couple of hours, but markets in Japan are closed, so expect thin markets until European session.
http://www.forexfactory.com/showthre...51#post4781651
I did not trade it, because it was almost weekend (and time to chill) when the price reached 1.32.
However please observe that there is a big difference (35 pips !!!) in the last candle between our charts.
We could have made easy money money by selling with my broker and buying with yours.
The same thing with EURCHF, where my chart shows a higher closing than yours (almost 40 pips).
Strange isn't it ?
Probably my broker was hunting for stops and limits in the last minutes of trading.
It might be worth it to open an additional account with another broker.
Anyway, Aussie and Swissie crosses are on the wathclist
Trading starts in couple of hours, but markets in Japan are closed, so expect thin markets until European session.
- #16,874
- Jul 17, 2011 9:58pm Jul 17, 2011 9:58pm
Because the market is very slow right now, I decided to review charts and play around with our indicators a little.
Using HA candles and changing the BOZ indicator that most of us use here, I changed the "Number bars for break out" to 6 instead of 4.
Notice the 2 periods ...last Friday and this past Monday...marked with the X. That was around a 200 pip move down.
My thinking is that in this ranging market, we may get fewer false BOs with increasing the number of candles. True, we will have to be more patient, but that's what it's all about...
OPPORTUNITY IS NOWHERE
