Rewind Back 15 Years

sold eur at 1.11753
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When I see a very narrow range bar, I call that "The point of indecision".
What that means is, the market is undecided, sitting on hands, waiting for some type of confirmation.
The breakout/continuation either up or down beyond that narrow range bar most often decides direction, until the next narrow range bar.
Not 100%, but better than 50:50.
 
padutrader said:
sold eur at 1.11753View attachment 202200
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made a mistake trading the reversal bar

that was an emotional action / entry

must remember a single bar reversal is not trust worthy- how ever good it looks...unless it is after a blow off
but even then the market will test that single bar so trade with extreme caution

but it was a trade.. with trend....may have made me over confident

must tighten up with trend entries too
 
Last edited:
themickey said:
When I see a very narrow range bar, I call that "The point of indecision".
What that means is, the market is undecided, sitting on hands, waiting for some type of confirmation.
The breakout either up or down beyond that narrow range bar most often decides direction, until the next narrow range bar.
Not 100%, but better than 50:50.
More...
see the context....then it is 100%
 
padutrader said:
are you serious? no commission.

but what about their minimum deposit?
can you send me their link
like i said, i am getting to like you
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oanda.com 50x on majors.

I took them for $860K before then "delisted" box options. They are a legit dealer with $250MM in vcap.
 
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