But please tell why my friend...whats your logic. I shorted the GBPCAD as I think this move up is the end of a 2 level corrective move, it should hopefully print an M pattern. Soon find out if im wrong tho.
You are right I close these 2 Trades.
Have a nice Weekend all
Edi
I would only scalp short, long term long. Take a look at the Weekly chart - on Tuesday GBPCAD made a double bottom at a 2-year low.
But please tell why my friend...whats your logic. I shorted the GBPCAD as I think this move up is the end of a 2 level corrective move, it should hopefully print an M pattern. Soon find out if im wrong tho.
You are right I close these 2 Trades.
Have a nice Weekend all
Edi
I would only scalp short, long term long. Take a look at the Weekly chart - on Tuesday GBPCAD made a double bottom at a 2-year low.
50 pips please... then I'll exit. thanks for the heads up.
Hey CJ, do you take into consideration yearly/monthly highs/lows when you are researching pairs?
But please tell why my friend...whats your logic. I shorted the GBPCAD as I think this move up is the end of a 2 level corrective move, it should hopefully print an M pattern. Soon find out if im wrong tho.
You are right I close these 2 Trades.
Have a nice Weekend all
Edi
I would only scalp short, long term long. Take a look at the Weekly chart - on Tuesday GBPCAD made a double bottom at a 2-year low.
50 pips please... then I'll exit. thanks for the heads up.
Hey CJ, do you take into consideration yearly/monthly highs/lows when you are researching pairs?
No...I don't know of any reason why I would.
CJ
A man is not defeated when he is beaten, he is defeated when he quits.
The goal is not a "perfect trade" - the goal is a "profitable trade"!
Oh boy I have been lucky past 2 days. Yesterday I start sneaking in shadows of captain. Basicly I have only practise entryes and nothing more. Next weeks program is practice level counting, cause that seems to be sometimes hard and I think it's pretty important. Allso have to let trades run bit more...
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sat79 wrote:Oh boy I have been lucky past 2 days. Yesterday I start sneaking in shadows of captain. Basicly I have only practise entryes and nothing more. Next weeks program is practice level counting, cause that seems to be sometimes hard and I think it's pretty important. Allso have to let trades run bit more...
Looking good, Brother! Keep up the good work and keep practicing. It gets easier as you go.
CJ
A man is not defeated when he is beaten, he is defeated when he quits.
The goal is not a "perfect trade" - the goal is a "profitable trade"!
Very nice both of you.. Next week I'll post mine if I do well.I think I may slip up a few times tho. I hope I dont forget about the stop runs/ extension of asian rages in the morning.
I shorted the GBPCAD as I think this move up is the end of a 2 level corrective move, it should hopefully print an M pattern. Soon find out if im wrong tho.
thanks for the heads up.
Yesterday I start sneaking in shadows of captain. Basicly I have only practise entryes and nothing more. Next weeks program is practice level counting, cause that seems to be sometimes hard and I think it's pretty important. Allso have to let trades run bit more...