How would you trade this formation?
May 01, 2015 at 13:54
423 개의 뷰
3 Replies
forex_trader_236107
Mar 10, 2015 부터 멤버
게시물116
May 01, 2015 at 13:54
Please be advised high impact news will hit in 6 mins from the time you see.
Oct 21, 2012 부터 멤버
게시물6
May 02, 2015 at 09:20
My experience with trading these situations is... just follow your original trade plan.
Price wasn't behaving as it was in the last few days. Very whip-sawish/no clear trend on the 1 min chart. I hypothesize that this correlates with trend reversals, though I can't be sure without doing testing.
But in reality I followed by trade plan and tried to go long several times. Didn't work out because of the whipsaw and took some losses (3% total). One of the worst sessions I've had. The great London Open balanced it out though. :)
Price wasn't behaving as it was in the last few days. Very whip-sawish/no clear trend on the 1 min chart. I hypothesize that this correlates with trend reversals, though I can't be sure without doing testing.
But in reality I followed by trade plan and tried to go long several times. Didn't work out because of the whipsaw and took some losses (3% total). One of the worst sessions I've had. The great London Open balanced it out though. :)
Oct 11, 2013 부터 멤버
게시물775
May 04, 2015 at 04:40
markets can become irrational at times, especially during news announcements.
forex_trader_236107
Mar 10, 2015 부터 멤버
게시물116
May 04, 2015 at 12:16
alexforex007 posted:
markets can become irrational at times, especially during news announcements.
I would agree with you 100%, but they only being irrational when we have expectation to what they should do. Simply look at the formation which I have posted above. No matter what tf you trade, the same formation will appear, although news on the formation above caused the drop, it simply speed-ed up the process in which it occurred.
Once I am done trading today, I will share some things which hopefully people will take interest to. It is so sicking how forex is mostly about 'Selling EA's' then people trying to profit by themselves. If you can learn how to look for the patters and ONLY trade those patterns, then your account will reflect it.
*상업적 사용 및 스팸은 허용되지 않으며 계정이 해지될 수 있습니다.
팁: 이미지/유튜브 URL을 게시하면 게시물에 자동으로 삽입됩니다!
팁: @기호를 입력하여 이 토론에 참여하는 사용자 이름을 자동으로 완성합니다.
