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Trading: Dax, ES, FX, Gold and Oil but what Bund and Bobl also.
Posts: 106 since Jul 2012
Thanks Given: 108
Thanks Received: 126
A good example of what im talking about is the EURGBP that we mentioned in earlier posts. In this case it had actually gone up for about 10 pips before reversing. In this case you have discussed you would enter this trade to the downside, which it did for a bit before reversing back up again. I know its not the best example, especially not since the euro has been very choppy of lately anyway, even more so now with the summer break.
Maybe another good example would be the 14 of August at around 15:41, here we can see it is going just above the FB but then goes back down just below the FB.
Would be nice if you can share your thoughts on these a bit more. perhaps for the benefit of those who're also reading this, maybe explain a bit what would make you enter a trade, other factors besides the FB pattern, and for what kind of profit you're aiming for when entering a trade.
Don't let money control you, control money!
Can you help answer these questions from other members on NexusFi?
Beng take a peak this weekend there should be a good amount of information from me to peruse. Your feedback is helping me understand how to help those that are reading this journal more, and quite frankly this is helping me.