FOREX

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SteveHopwood
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FOREX -- Update for Monday, 14 December 2021

Post by SteveHopwood »

Khalaad » Tue Dec 14, 2021 7:30 pm wrote:USDCAD Buy Long at 1.2855.
This is a high risk trade!
Teken it on demo. We shall see.

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SteveHopwood
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FOREX

Post by SteveHopwood »

Looking at the W1 we can see how the level at which you entered the market represents historical levels of support and resistance - resistance being the most significant for a buy.
USDCADWeekly.png
Is the fact that the market has not yet broken through that level, the reason you describe this as a 'high risk trade'?

:xm: :rocket:
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Read the effing manual, ok?

Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.

I still suffer from OCCD. Good thing, really.

Anyone here feeling generous? My paypal account is always in the market for a tiny donation. pianodoodler@hotmail.com is the account.

To see The Weekly Roundup of stuff you guys might have missed Click here

My special thanks to Thomas (tomele) for all the incredible work he does here.
billgreen3
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Joined: Tue May 05, 2020 2:43 am

FOREX

Post by billgreen3 »

Sir, I appreciate the work you are doing here. Looks like you are a real price action trader. I consider myself the same. I've been trying to adopt the methods of this group for the last few years and convert my brain to more of a programmer type brain. I am slowly getting there. Glad to see these types of contributions! I trade in a slightly different manner, largely thanks to this group. Thanks to this group (not using robots), I'm able to capture 1:20 risk trades, combining my price action skills. I want to write out these methods some day and submit them to Steve to see what we might come up with. Keep going, sir! :clap:
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