Good Cliffy, That is really good.
I will post my simple technical analysis, if i were to go beyond the Strategy i am currently concentrating on for this thread. I do not like to deviate but i will just to get my point across, in a simple way...As i want to and would love to keep things simple.
The asset of choice due to Tuesdays expected news events will be GBP/JPY
Just as an example.
Do not use this illustration as a signal or advice for trading. I will not be held responsible for your actions.
Here goes my way of looking at things simple in trading. The price either respects the support or breaks the level. If it were to respect the level and remain above we would look for a long entry signal. While the opposite situation is also true, if it were to break and close below the level of support i would look for a short signal.
I will post my simple technical analysis, if i were to go beyond the Strategy i am currently concentrating on for this thread. I do not like to deviate but i will just to get my point across, in a simple way...As i want to and would love to keep things simple.
The asset of choice due to Tuesdays expected news events will be GBP/JPY
Just as an example.
Do not use this illustration as a signal or advice for trading. I will not be held responsible for your actions.
Here goes my way of looking at things simple in trading. The price either respects the support or breaks the level. If it were to respect the level and remain above we would look for a long entry signal. While the opposite situation is also true, if it were to break and close below the level of support i would look for a short signal.
R:R "Percentage Focus"