{quote} FX-Ray > Treat every day and week as a new one and expect the unexpected. Expect things not may happen as you think they should. Dont trap yourself. Be open-minded and monitor it. Excellent advice Ray............ Forex is like looking at the scenery out of a car window while you are driving, it changes continuously. More so, it is like the road conditions that change and you need to adjust for them......... http://imgur.com/gallery/iJpVV9L
I did find it rocket science. It was clear to you, but for me I was in total fear of the market turning and wiping my trades out...as has happened many times. With my spread of 4 pips and most of those 'winning' trades being less than 15 pips my trading is massively inneficient and I see my exit as the prime cause. Last week I re-entered several times on moves between your levels as I fled too early. Anyway, you have my genuine gratitude for your wisdom and DPs....it's very generous. Time is inexorably the only thing we can't make more of; regardless...
{quote} That is where I am selling , perfect
, was a bad knifecatch, I actually dont want those sterlings now, just wanted to sell some more Yen. Should GBP elections uncertainity + UJ correct from tops, GJ short could be good trade. On the other hand should UJ break tops, Geppy may no kill shorts, but just correct, due to GBP weakness holding the move. Lets wait {quote} Look last week was more or less clear, it wasnt rocketscience to ride it to the downside using the DPs but thats what the market offered and thats what we've taken but there is a fallacy here: We tend to adjust our expectations to our most recent outcome, in this case last week. Treat every day and week as a new one and expect the unexpected. Expect things not may happen as you think they should. Dont trap yourself. Be open-minded and monitor it.
{quote} just gotta wait and see euro open in 45 mins should hopefully start getting a clearer direction on where price wants to go from these key levels were currently sitting at right now.
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{quote} pending on GN short 2.0040 SL 2.00650 Im already in short GA 1.93145 SL 1.9381 {image} {image}
off to sleep see you in a few hours
see ya tomorrow. Lets see if can get spike down here on NU help trigger bit of spike up on GN and get fill and see if we can break out at EU open.
{quote} Good Morning, a good example today from Oanda live account - some minutes ago (see pic) no dip. I forgot to make a screenshot. Historical Data: I don't registered that fxtop is using central bank data. Reuters EBS Data alltime High was 1.6040. Scam Broker providing 1.6030. It-finance has 1.6039, BUT watch Januar 1980 on It-finance high was @ 1.4596 the high on broker xxx 1.1457 1985 : it-finance low @ 0.6382 and broker XXX @ 0.56330. Only Question to you is how do you calculate your volume data, if you don't know if the alltime low was 0.6328...
60 region is likely now since trading above daily PP. Also have a nice Fibo cluster!
