Symmetrical triangle
From my analysis this pair is trap by symmetrical triangle and looking for a direction. That's why the price just...
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What happen if market continues going down for few days? 1st day you take profit sell and your buy position got floating loss. 2nd day you also take profit...Leave a comment:
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Already take 30 pips from the rejection of level 1.4220. That's the advantages of resistance & support, you can trade with minimum risk and good pips....Leave a comment:
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I agree with you, I will monitor closely level 1.442, if break above look for further upside. But I will enter small lot of sell now with tight stop loss,...Leave a comment:
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For me lagging indicators should be used for determine the trend direction while the leading indicators is more towards give entry and out signal. I think...Leave a comment:
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Whatever knowledge that we gain from forex trading are applicable for others market such as stock, comodities, futures etc. So why we have to worry, as...Leave a comment:
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What the mean of luck? For me LUCK = OPPORTUNITY + EFFORT. How we want to get a luck if we just sit at our home doing nothing. From my experience most...Leave a comment:
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That's why one of my gurus said the real battle in forex is againts ourself, not againts the market. It's easy for trader to guess where the market likely...Leave a comment:
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I really agree with your statement. Based on average daily range we can place an order, put stop loss and take profit within the support and resistance...Leave a comment:
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It's normal that the price move before the announcement was released. Someone who get access to that particularly data for sure to take advantage about...Leave a comment:
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Although this week EUR/USD is going down, this movement can consider as correction only. Hi to Lo for this week is about 280pips only where the normal...Leave a comment:
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Since I'm used price action pattern, my trading performance increased tremendously. It really help to determine the direction of the market with less...Leave a comment:
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Previously I totally depending on indicators for entry and exit the market, but obviously the accuracy is not there. Now my trading entry and exit become...Leave a comment:
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