it does not do it all in a straight line but you can still get your 50-100 pips, just use a 50 pip stop loss and you will likely not get hit...
hell even 30 pip stop is likely not to get hit, but you could catch the whole move
my scalping strategy is more profitable, as 10 pips on scalping = 50 on a trend trade (using equal risk % for both)
ill risk max 10 pips scalping and max 50 pips for trend trade or reversal per day
i could have days with 30-40 pips of scalp winners, but never more than 10 pips of loss, so its good RR
i...
i could have days with 30-40 pips of scalp winners, but never more than 10 pips of loss, so its good RR
The situation is simmilar than last week, when this pair goes absolutely crazy, but after few hours back to the reality. I still belive in the bear merket, because no fundamental reason for euro to be stronger... Mabe I have to change my strategy to sell bananas...
pair will go where guys want it to go. period.
if u dont agree, then where does the saying 'Pump and dump" comes from?
The situation is simmilar than last week, when this pair goes absolutely crazy, but after few hours back to the reality. I still belive in the bear merket, because no fundamental reason for euro to be stronger... Mabe I have to change my strategy to sell bananas...
