So, targeting 4 pts while losing 1.5 pts R:R = 4/1.5 = 2.33 Nice R:R! A plethora of such trades can make anyone very rich
Long @ 36. Stop @ 34,50. Target 40. Rationale: I`m betting that prior resistance will act as support both here and on NQ. Maybe I`m too...
Sorry, TA is part of the model....how could it not be? Support , resistance, etc all works in my thinking.
Daily Trading Forecasts (December 18, 2012) Nearly all JPY pairs (including certain crosses) opened with gaps at the beginning of this trading...
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