Oh ya, a target.. 7700 would be ideal if everything goes as planned. With the recent NZ dairy scare, I think these would be good levels to get in profit quickly. Hope for the best!
- #22
- Edited 4:52pm Aug 19, 2013 10:06am | Edited 4:52pm
- | Commercial User | Joined Sep 2010 | 1,472 Posts
- #23
- Last Post: Edited 1:56am Aug 28, 2013 1:42am | Edited 1:56am
- | Commercial User | Joined Sep 2010 | 1,472 Posts
Got some good messages from you guys. Wanted to post and chart to show the potential this trade had. Hope it opened a lot of eyes.. even though it took a month to develop! Thread is locked as no more discussion is needed, but feel free to shoot me a PM and we can talk.
PS: Don't think Oanda's order book is the key.. its but a tiny fraction of the market. Check on it time-to-time, jot down where the orders are on the chart.. after a while you'll be able to tell where retailers are positioned by keeping up with market sentiment and where their orders are on the charts.
Orders seen on Oanda *should* be a fractal representation of the retail orders in the market but not always. Trade smart!
PS: Don't think Oanda's order book is the key.. its but a tiny fraction of the market. Check on it time-to-time, jot down where the orders are on the chart.. after a while you'll be able to tell where retailers are positioned by keeping up with market sentiment and where their orders are on the charts.
Orders seen on Oanda *should* be a fractal representation of the retail orders in the market but not always. Trade smart!
