Discussion in 'Forex Trading' started by pericfa, Oct 8, 2009.
In these days is less volatile this cross. Which are the most volatile cross at the moment?
Try GBP/JPY if you want volatility.
Funny thing, G/J went below the 200 day average a few days ago, looks like resistance around 142.25.
I'll test a short position, 142.03 entry.
It gets even better with AUD/JPY and NZD/JPY.
I ask this because I use a strategy that reverse the position on the market. Example: I open a long position 10kâ¬ on EUR/USD at 1,4650 and if the cross go under 1,4630 I open a short double position of 20kâ¬ and so on. If the market is volatile this strategy works well.
Have you ever try this?
lol, well I guess that's one way to spend your money, it works great in a range too, I bet you could blow a whole account in just a couple of hours!
Hey have you tried martingale on roulette? At least you'll get a free drink served by a hot waitress!
You forgot the time on your graph. How many minutes or hours?
15 minute bars if I remember correctly.
I can see that 7 times on the 2nd I reverse the position.
This is not a problem. It depends how much money do you have on your account and by the way...how many times in one year do you see a graph like that?
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