Trading EUR/USD Daily Hi & Lo
- Thread starter JSSPMK
- Start date
Nice thread,
What is your outlook over the long term regarding fiber?
After recent conference of ECB where they speak about interest rates hikes I'm expecting to see a stronger eur.
Now speaking technicaly we can see that the momentum is increasing to the upside and price is heading to 1.4 big figure.
I've made some trades here:
http://www.dukascopy.com/tradercontest/?action=blog&trader=WallStreet_Money
is just a contest that I'm participating, hope I diodn't broke any rules by posting the link
What is your outlook over the long term regarding fiber?
After recent conference of ECB where they speak about interest rates hikes I'm expecting to see a stronger eur.
Now speaking technicaly we can see that the momentum is increasing to the upside and price is heading to 1.4 big figure.
I've made some trades here:
http://www.dukascopy.com/tradercontest/?action=blog&trader=WallStreet_Money
is just a contest that I'm participating, hope I diodn't broke any rules by posting the link
Stats wouldn't matter as this isn't mechanical in nature in my case. It's simple really, yet not risk free.
1. Establish a method that shows end of congestion;
2. Get acquainted with average oscillation of that instrument;
3. Choose a range based on daily candle's Hi/Lo. Target ought to be at least x2 that of range chosen. So establish target, then choose range based on target.
4. Go Long at Hi, go Short at Lo. Start small to allow for multiple stop outs. Double upon each loss.
5. Pray a lot
I meant you p/l saw it a few pages back. Impressive.Quote from JSSPMK:
Stats wouldn't matter as this isn't mechanical in nature in my case. It's simple really, yet not risk free.
1. Establish a method that shows end of congestion;
2. Get acquainted with average oscillation of that instrument;
3. Choose a range based on daily candle's Hi/Lo. Target ought to be at least x2 that of range chosen. So establish target, then choose range based on target.
4. Go Long at Hi, go Short at Lo. Start small to allow for multiple stop outs. Double upon each loss.
5. Pray a lot
Nice to see some green on my screen...JSS
Did you maintain your risk capital as that of last year and bought the other half of Marabella with your last year profits
