Heads up - USD/CAD nearing level
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Pinbar trader EA - Trading pinbars off weekly S&R levels 435 replies
Are you a trend trader or a counter-trend trader? 29 replies
RS levels and physic levels are in indicator (created) 3 replies
Dislikedeur/usd + 10 pips profit {image} usd/jpy + 10 pips profit {image} usd/cad + 10 pips profit {image} Good day today. Iam glad you guys took the trades!!Ignored
DislikedQuite some time ago I read a book by Kathy Lien called Day Trading and Swing Trading the Currency Market. I remembered one strategy that she wrote there. It was based on statistics, that there are rarely more than XX bullish/bearish days in a row. I think the number was around 10. So basically If you have for example 10 bearish days in a row you go long the 11th day. If it fails you go again the 12th day (long). I dont trade this strategy but I remembered it because this scenario happens now in some of the fx pairs. I consider it a confirmation...Ignored
DislikedQuite some time ago I read a book by Kathy Lien called Day Trading and Swing Trading the Currency Market. I remembered one strategy that she wrote there. It was based on statistics, that there are rarely more than XX bullish/bearish days in a row. I think the number was around 10. So basically If you have for example 10 bearish days in a row you go long the 11th day. If it fails you go again the 12th day (long). I dont trade this strategy but I remembered it because this scenario happens now in some of the fx pairs. I consider it a confirmation...Ignored
DislikedQuite some time ago I read a book by Kathy Lien called Day Trading and Swing Trading the Currency Market. I remembered one strategy that she wrote there. It was based on statistics, that there are rarely more than XX bullish/bearish days in a row. I think the number was around 10. So basically If you have for example 10 bearish days in a row you go long the 11th day. If it fails you go again the 12th day (long). I dont trade this strategy but I remembered it because this scenario happens now in some of the fx pairs. I consider it a confirmation...Ignored
Disliked{quote} I like the strategy, but I don't understand what is SL 1.05?Ignored
DislikedHi Dale, Are you still planning on entering the swing trade on usd/cad at 1.33880, SL 122 pips?Ignored
Disliked{quote} no the market turned sooner and already made it to the profit target.Ignored