Missed that one, sorry. I simply use support/resistance material plus higher highs / higher lows for fashion definition (in this case up trend) plus overbought/oversold scenarios.Originally Posted by ;
Missed that one, sorry. I simply use support/resistance material plus higher highs / higher lows for fashion definition (in this case up trend) plus overbought/oversold scenarios.Originally Posted by ;
Finished it with roughly 25%. Needed to close some Euro shorts and still have a while to close.
I'm with you. I've been following your Myfxbook accounts. I saw some quite heavy 10:1 trades which did not make any sense. I believed those transactions were part of advanced concepts of BWILC.
That I have recently begun on BWILC with fundamentals. Quite difficult to grasp the whole concept. My very first transactions are not going well. I wager long on EU because of dismal Fed announcement, increasing US debts and tanking bonds and securities market. But then other men and women say all above variables means risk off. EU is moving down, UJ is climbing? And Gold can be climbing (yay! I wager long on it).
So using a Technical standpoint will add to the armory. I'm not quite sure if Nanningbob's egy permits for alterations in median reversion view once the currency is trending strongly in 1 direction. Can it?