DislikedNow, if you scalp for lets say around 20 pips, is it better the market to be ranging or trending? Anyone?
mlaIgnored
What's your take on it?
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DislikedNow, if you scalp for lets say around 20 pips, is it better the market to be ranging or trending? Anyone?
mlaIgnored
DislikedNow, if you scalp for lets say around 20 pips, is it better the market to be ranging or trending? Anyone?
mlaIgnored
DislikedGreek confidence vote on Friday...
and we have G20 meeting, Euro zone and US rate decision, and also Non Farm this week...
becareful guys..
expect volatility..
support for Euro I see 1.3650 1.3600
resis 3790....Ignored
DislikedI would think you might prefer a ranging market, but I don't know. Seems like a strong trending market might not provide as many entries as scalpers I know seem to look for.
What's your take on it?Ignored
DislikedI agree with you.
In the trending market is more likely to get caught on the wrong side and when you are in profit you should not take your TP but let it run.
mlaIgnored
Dislikedwow again...I expect talks about QE and Euro debts continue in the following year~~
although but these means opportunities to us..
hows trading?~
caught anything lately?~Ignored
DislikedYou can get caught on the wrong side regardless whether the market is trending or ranging. It's just as painful when you are on the wrong side of how the market is ranging. The key is how quickly and with as little loss can you get off the wrong side and possibly get on the right side.
Of course, with the news driven market like today, there is no right side or wrong side. One minute, you are on the right side, the next minute, a news come out and all of sudden, you are on the wrong side.Ignored