Disliked{quote} Any thoughts on this trade, we know the market for euro dollar has been going bearish since 15/October, the 1.10..area has structure of support/resistance(seen on the left) it becoming resistance to the down trends pullback is highly likely going by the characteristics of a typical down trending currency, down trending then pullback then down trending etc. also we can see the risk/reward for this is highly profitable being 1/1.7, this is not a trend following trade but a trend continuation trade as we are aiming profits around the re-test...Ignored
- #1,034,087
- Nov 3, 2015 10:43am Nov 3, 2015 10:43am
- Joined Sep 2011 | Status: Trader | 6,363 Posts
A good trader follows his rules, but great trader knows when to break them
- #1,034,088
- Nov 3, 2015 11:02am Nov 3, 2015 11:02am
If you believe in yourself anything is possible !!
- #1,034,089
- Nov 3, 2015 11:04am Nov 3, 2015 11:04am
If you believe in yourself anything is possible !!
- #1,034,092
- Nov 3, 2015 11:14am Nov 3, 2015 11:14am
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- #1,034,093
- Nov 3, 2015 11:17am Nov 3, 2015 11:17am
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COT: The precious data ignored
- #1,034,094
- Nov 3, 2015 11:17am Nov 3, 2015 11:17am
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- #1,034,095
- Edited Nov 4, 2015 4:05am Nov 3, 2015 11:21am | Edited Nov 4, 2015 4:05am
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- #1,034,096
- Nov 3, 2015 11:22am Nov 3, 2015 11:22am
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- #1,034,097
- Nov 3, 2015 11:23am Nov 3, 2015 11:23am
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- #1,034,098
- Nov 3, 2015 11:26am Nov 3, 2015 11:26am
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Re-Incarnated