I am also waiting to enter long in EUR-USD. @priceaction - what if we apply Martingale theory here ? i mean entering at any new low (let say 1 lot) and then keep on entering after it makes a new low (probably 100 pips down) and reentering with double the size of lot (this time 2 lots then 4 lots...and so on...). Looks like it is already in oversold state so a slight retracement can give the profit. What is your say on this
It's very expensive and can easily erase your account, but of course you can be lucky. It's really better don't fight with heavy trend that began when ECB changed monetary policy...
Best regards!
long with protective cover is the order of the day for me.
Story #4 A lesson in habit training & stupidity. The Wild and Free Pigs of the Okefenokee Swamp by Steve Washam based on a telling by George Gordon Some years ago, about 1900, an old trapper from North Dakota hitched up some horses to his Studebaker wagon, packed a few possessions, especially his traps--and drove south. Several weeks later he stopped in a small town just north of the Okefenokee Swamp in Georgia. It was a Saturday morning--a lazy day--when he walked into the general store. Sitting around the pot-bellied...