Well that's it then , in a nut shell.
I believe you are right, when you say there is the right and wrong time to trade, but i do not believe the price is random. Other wise how do we...
Apologies a little late with you reply, What i mean regarding the candles are painted is i believe ,apart from major news releases the charts are...
Quality reply.
But just say, its all Pattern recognition, if you look.
its late uk, if ok i will reply tomorrow.
I have been trading Fib retracements for about 4 and a half years, and i believe the Candles are painted (if not) why are the patterns so...
Hi, did you get a reply? Thanks
Any one heard from easymon1 ?
Thanks Guys , I will move on...
You are right in one respect , i do trade the same repetitive setup. but as you probably already know , ( Pattern recognition. candles are painted...
But seriously ,what is a Scalp? I'm in and out in about 4-5 min if a double Fib maybe 15-20. am i scalping?
Currency Trading is a Business, like any profession you study ,learn how the markets work, Then you pick your chosen pair and time frame ,and...
I trade counter trend on xauusd ,trade on the 50 and 150 tick charts ,but have found there is always a second bite of the apple.
Interesting moves on gold my pm, NY am On the lower TF.
From memory i think you mentioned in the past that you use Fibs in your Ta is that correct, do you also incorporate Fibs with pattern recognition?
Ok ,i see your point thanks, do you trade or have you traded gold?
Would you regard a 40 pip win on xauusd small ?, i don't know ,I would appreciate some feed back on this.
I only used to only trade eurusd but now mix it a little with xauusd ,i find xauusd a little quite at the UK open ,so trade euro till about 12...
Hi virtusa, The strategy works, But i still like to see a couple of trades play out, on my pair on the UK open each day before i trade.
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