on the hourly resistance, I sold. 1.2704 stop 2709.
Just got home to CAC in time..., 3 trades just underwater but DIV banked
so that rule IS there to protect me
If it fills today, I'm out. Average more if it drops.
Todays CAC trade with the EA recorded : url I only use 1 grid trade under the initial trade. (plus the pre-trade) Now off to the beach PC
This is how im trading now. Swinging using RSI as part of my indicators. Could hover here for a few days or go down....but eventually a trend will start on the RSI. Takes days or ...
2% daily, 10% weekly and a good profit factor
I find myself in some CAC (sorry couldn't resist, British gutter slang) Adding 2 points on my average covers o/n interest per night for x2 positions so + 6 for weekend ...
They'll come but not sure how you can get the advantage of them! image For now they are making a break, waiting for the next drop!
Next week will be interesting weak inflation news from the UK which is the expectation will increase rate cuts talk this drop the pound we could potentially see 125 aagin
Based on H4, a fresh bearish breakout has just happened or is happening as we speak.. Now I want bears to protect the circle rim... If they can do that, price then could stay ...
Meanwhile, on H1... Bulls are trying, but unless they keep candles above 1.0871, bears will push to reach 1.0837 area. Let's see which side is more willing*... *I am currently ...
Have a great weekend everyone! I'm done )
EU Today's close will determine how I am going to trade for the rest of the month. First stop for short term trades at 1.0849-45, take half at least. If broken, 1.0826 Levels ...
Meanwhile, on H1... Bulls tried but so far bears didn't allow them to climb above resistance area: ~1.0869-ish block... Waiting for London opening! Happy Friday folks