Hi,
We are ranged bound now with the EURUSD. I listened again to the range bound trading mp3 of Phil. And tried to set this lessons in the EURUSD expectation. Look also at the attachment.
The rule said: if we go under the 21, it tends to go back to the 21 and then come down to the 89. well coming back to the 89 can be slow or faster depending on the market.
Well That is exactly what we see in the EURUSD right know.... My expectation is that we slowly go back to the 89 it also can mean that we go back to the 89 at the same priclevel.... that's just a matter of time then Well we see whats happening.
Are the followers agree with me...according the rules of this system?!
btw... I start my trading again in the jan 2013...
We are ranged bound now with the EURUSD. I listened again to the range bound trading mp3 of Phil. And tried to set this lessons in the EURUSD expectation. Look also at the attachment.
The rule said: if we go under the 21, it tends to go back to the 21 and then come down to the 89. well coming back to the 89 can be slow or faster depending on the market.
Well That is exactly what we see in the EURUSD right know.... My expectation is that we slowly go back to the 89 it also can mean that we go back to the 89 at the same priclevel.... that's just a matter of time then Well we see whats happening.
Are the followers agree with me...according the rules of this system?!
btw... I start my trading again in the jan 2013...
You can manage risk, but you can't manage the return