I got the answer i was looking for
Thank you
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DislikedBig retracement day. No orders closed, so for now, I'll view it as a positive opportunity to stack more tradesIgnored
DislikedWoo hoo!. 17 pendings orders. Let's hope for that retracement to end and turn back around.Ignored
DislikedRead your comments.
WOW 17 POs!
I am watching just a handful pairs.
U R Gang-Ho
On the other hand, I guess, if the trend "change" continues like today, when it goes beyond MA22+15pips, you would just close up the pairs?
Happy pipping!Ignored
DislikedALL YOU NEED TO KNOW ABOUT TRADING
* The reason you entered has no bearing on the outcome of your tradeIgnored
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1) Price will either breakout of the high, low or both of the previous bar
2) Price will not breakout of the previous bar
You cannot reduce it any further. Anything else complicates the issue.Ignored
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ENTERING A TRADE
You either decide to:
1) Wait and do not enter a trade
2) Trade a breakout
3) Trade a reversal
Those are your ONLY 3 optionsIgnored
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If I enter a trade on the Aud/Usd tonight at 9:30:15 CST right after the RBA announces a 25 basis points rise in their cash rate and profit from the resulting 70 pips pop to the upside, I have a pretty strong feeling that the outcome is going to be tied to the reason I entered the trade.
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DislikedFor those interested...the next AUD rate announcement comes out in 2 1/2 hours...Do you know where your children are?Ignored
DislikedAh, no big deal there... nice to see a little pop in the YEN pairs again for the method
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DislikedWoo hoo!. 17 pendings orders. Let's hope for that retracement to end and turn back around.Ignored
DislikedHi
Oh, btw, you can discuss about this strategy on IRC Forex server in channel #fxtrade ... You can join by simply clic on the link below (in my signature).
Here is the link, you need to put your nickname and clic ''GO''... http://tinyurl.com/cswv6uf
Spiderman, hope it doesn't bother you that I invite ppl to chat ?
Mfinab,Ignored
DislikedUSDJPY DAILY CHART
http://mfinab.dyndns.org:8000/20130205-ss6-260kb.jpg
This should be a good addon to the long side....
Mfinab,Ignored