Here is LONG term entry i see on eur/usd. Entry 1.1205, SL 1.1140 TP 1.1380.
but personally i'm not trading this.
but personally i'm not trading this.
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Disliked{quote} it won't work because the spread on market open Sunday is a bitchIgnored
Disliked{quote} Thank you so much for your reply. Am I right to assume from your post that the long-term bias for EURUSD is bearish and below the current level (around 1.1200) you expect no support till about 1.0800? Thanks again.Ignored
Disliked{quote} ridiculous (no offense)!thats called hedging... and you can perfectly be margin called and stopped out in both accounts, depends on the weekend gaps volatility, and also depends if price as soon the asia session starts go immediatly fill the gap or not!! Im not seeing any advantage using that...
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DislikedLook at these items and try to understand why it is wise to stay short-term bullish... 1) Price tried so hard but still couldn't stay below daily pivot: 1.1197 2) Bullish butterfly on 15 minute 3) No significant retrace so far on 1H chart (highest it could go was almost fib 38.2 and it didn't even touch that, so we can expect a retrace to at least fib 38.2 (1.1240) then also fib 50 (1.1272) and finally even fib 61.8 (1.1304) 4) We are still above thick blue line that acts like a diagonal pivot on 4H chart which I mentioned earlier. 5) Price is inside...Ignored
Disliked{quote} That is the point xandi. Hedging in the same account, compared to hedging in two different accounts isn't the same thing. Assuming their is a rather large Gap in either direction, will margin call one account, and create an extreme profit in the other.Once the market opens, the Gap isn't filled right away, nor is it guaranteed to be filled. I clearly posted a chart in which I did it, based on last weeks gap and you can see the result. So, instead of trying to predict the direction of the gap, you play it safe and wager on both sides of the...Ignored
Disliked{quote} It depends on individuals to set stop losses. I don't usually set closer stop loss.Ignored
Disliked{quote} i do according to my own style hehe, but no problem i got back to scaping mode in EU to get those pips backIgnored
DislikedLook at these items and try to understand why it is wise to stay short-term bullish... 1) Price tried so hard but still couldn't stay below daily pivot: 1.1197 2) Bullish butterfly on 15 minute 3) No significant retrace so far on 1H chart (highest it could go was almost fib 38.2 and it didn't even touch that, so we can expect a retrace to at least fib 38.2 (1.1240) then also fib 50 (1.1272) and finally even fib 61.8 (1.1304) 4) We are still above thick blue line that acts like a diagonal pivot on 4H chart which I mentioned earlier. 5) Price is inside...Ignored