Hi Laurence,
Yeah - that question was actually from me. Thanks for answering that one - and now I see this thread your concepts make perfect sense.
I'll be interested to see how this one goes.
I've been studying FX for a while - nothing but a newbie, but have always been somewhat perplexed by the Risk / Return on offer. The holy grail of 2/1 - why is 2/1 so attractive - surely you can achieve that and better on the football - or horses - or indeed, on any sports?
No, to me it makes sense to try to squeeze every pip from a trend if possible?
Anyway - will be watching this one with interest.
Newbie question - what are the MA's and 'waves' on your charts? The 4 'squiggles' is that an Elliot wave indicator of sorts (perhaps an idiotic one)?
Yeah - that question was actually from me. Thanks for answering that one - and now I see this thread your concepts make perfect sense.
I'll be interested to see how this one goes.
I've been studying FX for a while - nothing but a newbie, but have always been somewhat perplexed by the Risk / Return on offer. The holy grail of 2/1 - why is 2/1 so attractive - surely you can achieve that and better on the football - or horses - or indeed, on any sports?
No, to me it makes sense to try to squeeze every pip from a trend if possible?
Anyway - will be watching this one with interest.
Newbie question - what are the MA's and 'waves' on your charts? The 4 'squiggles' is that an Elliot wave indicator of sorts (perhaps an idiotic one)?