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where are the Euro traders? I haven't traded this lately but this morning I saw a nice failure test set up as the price took out yesterday's high and then reversed. I took only a tiny chunk and used forex (usually use M6E but fx it was). We could be breaking towards the upper range (1,17194 - 1,14610) as dollar weakens as the fed is sending dovish signals.
I trade the 6E with a 233 volume chart and not having too much luck lately. I use a bollinger squeeze for entry and VWAP for my levels with a volatility trend indicator for reversals and to manage my stops. I use ADX to judge strength of movement.
wondering whether 233 volume is useful compared to tick charts
I notice Renko charts not good for 6E (not like CL)
anyone have any advice or post their successful strategy would be great