FX Trading - Highway
- Thread starter TVIS
- Start date
So GBPUSD ended the week at 1.25600.
On what is this method based on ?
I'm not in this position but there is some decent upward momentum in this right now. I'm expecting 1.29 before 1.23.
https://www.youtube.com/live/TwcbfjYqZXQ?feature=share
FX trading highway?
Are you 'Solo E TV Trading'?
Is this the DD Level?
____________________________
The DD level EXCP count includes:
FX trading highway?
Are you 'Solo E TV Trading'?
Is this the DD Level?
____________________________
The DD level EXCP count includes:
- I/O for system services, for example:
- Joblib/steplib processing
- Jobcat/stepcat processing
- Overlay supervisor processing
- Checkpoint data set processing.
He is a counter-trend trader.
Counter-trend trading works once in a while / once in a blue moon.
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Ken A is the best forex swing trader I've come across.
Trades a 7 figure account.
He likes to pick tops/bottoms on HTF charts & hold for 100s/1,000+ pips.
It might take him a few trades risking 20-40 pips before getting the entry that lasts weeks/months.
He'll regularly take shorter-term trades counter to his swing trade rather than close & re-enter the swing trade.
https://www.forexfactory.com/ken*a
Well his last post is more than 3 years old on that forum...
I assume that by last week's low, TVIS means 1.2385 or thereabouts. My charts suggest this COULD happen, but personally, I wouldn't count on it. I WILL be looking for this pair to pull back some, but only so I can enter a long position (given that it has been climbing ever since March 9th). While it HAS lost some momentum, I don't see it as having turned bearish yet. So for me, 1.2300 would be a bit of a stretch. I'd be more inclined to look to pocket some profit from a long position (if I time it right) somewhere in the 1.2657 neighborhood.