Trading EUR/USD Daily Hi & Lo

Quote from lexcorp:

subscribing to this thread.

Ive been considering doing something similar myself, in terms of doubling my stakes each time after a losing trade.
Im gonna put a little bit of money into a side account at some point and see how i get on.

Hi Lex,

It's sort of remotely similar to a straddle strategy, yet is not restricted to a specific time period. On the negative side losses can be rather substantial, therefore volanalysis have to be present. I see this being useful when trading end of congestion zones.
 
Quote from JSSPMK:

Long 1.4145 £1 per pip
(Reverse order 1.4025 £2 per pip)

-£120

Short 1.4025 £2 per pip
(Reverse order 1.4205 £4 per pip)
 
Sorry, an unhelpful post from me.

What I meant to say was that you have roughly equal reversal points long and short. But atm the trend is down. Thus, make long reversal point further away. What do you think?
 
Quote from bagg:

Sorry, an unhelpful post from me.

What I meant to say was that you have roughly equal reversal points long and short. But atm the trend is down. Thus, make long reversal point further away. What do you think?

You aren't wrong, yet that's the strategy that I am using range based on daily chart, not weekly.
 
Back
Top