I think it will be better to close the position with some 30-40 pips profit right now, because the wave structure looks tricky.
Forex is predictable.
- Thread starter spellcraft
- Start date
the dollar is my bitch today 
Quote from killthesunshine:
the dollar is my bitch today
The dollar is a cheap ho, it'll just keep going down for any price!
I take it you had a good day today?
thats way i like it cheap and easy
short dollar from here..hold overnight
Quote from spellcraft:
Hi guys,
I will post here my analyses and forecasts of some of the currencies (Euro, US Dollar, British Pound, Swiss Frank, Japanese Yen, Australian Dollar, etc.)
I'll be happy if you share your analysis and forecasts here. No rules
Good luck.
Based on statistics, a frequency distribution in particular, when the GBPUSD makes a new high or low for the day, a retracement or reversal of 20 or more pips is highly likely. This can be exploited for profit.
I use a M5 chart to time my entries.
Quote from killthesunshine:
short dollar from here..hold overnight
trade closed out and in the bank
Quote from killthesunshine:
trade closed out and in the bank
Nice trade!
