ffee posted: I am loving the results of your strategy but I worry that in signal start you say 'no open trade limits or 200 open trades' Does that mean that if market turn you could open 200 trades to try to cover losses?
actually i asked once from a broker and they said , u max can open 200 micro trades , so with double lot it may be 100 or less , so in that case u shouldnt be able to open 50 trades .. thats why i used 200 open trades word
The USDCHF pair shows more bullish bias that hints continuing the main bullish trend, getting continuous support by the EMA50, reinforcing the chances of heading towards our next waited target at 1.0200.
Therefore, we will keep our positive overview on the intraday and short term basis conditioned by the price stability above 1.0128.
The expected trading range for today is between 1.0100 support and 1.0220 resistance.
Mathild84 posted: Arg!....😡 My equity went in NEGATIVE for 850 Eur with more than 100 opened position ! Are you sure you manage as it was a 1000USD account ? With 1000Usd maybe we got a margin call !😭
i will mention minimum deposit at signalstart today , 2000 is the safest amount , in last 10 years it never happened that 2k failed , but sometime some things happened 1st time heheh , just joking , trade is normal , but with higher TF ,
i just have changed to higher TF , and now we will see this kind of DD 2-3 times a month , but of course profit should also be same :) in grid as much as DD , as much as Profit
All indicators were showing an uptrend for this pair. However, The market is in highly overbought area and a trend reversal could happen any time. I hope soon enough before some accounts are depleted like the battery on my Samsung smart phone.
Let's hope a decent Support level will be reached where you can liquidate this present Grid. On tomorrow, Thursday, perhaps!
It would be grrrreat if it goes down to 1.0000 but right now it's shooting up like a rocket
[The USDCHF pair provided temporary negative trades yesterday but it returns to settle around 1.0200, to keep the bullish trend scenario active in the upcoming sessions, supported by the EMA50, waiting to head towards 1.01275 that represents our next main target.
The continuation of the expected rise requires holding above 1.0128, as breaking it will press on the price to turn to decline on the intraday basis to test 1.0000 areas initially before any new attempt to rise.]
The USDCHF pair fluctuates around 1.0200 level, noticing that stochastic gains the positive momentum again, which supports the chances of resuming the expected bullish trend on the intraday and short term basis, which its next target located at 1.0280.
Therefore, we will keep our positive overview supported by the EMA50, conditioned by the price stability above 1.0128.
The expected trading range for today is between 1.0150 support and 1.0280 resistance.
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