Yes and no. Yesterdays reversal did not appear. There seems to be a strong case for a reversal, but price dictates otherwise. In other words...WTF is going on?
David you watching this, nice swing in fx. I guess just giving back some gains but the swings are crazy. I have been averagin the scalps I am trying to do playing the bounces. These things are bouncing 100 pips a clip and not talkin about the e/a I mean the e/u g/u it nuts. Be safe
Tomorrow is Christmas eve. Whatever your religious leanings are, have a peaceful day, and try to help someone less fortunate if you can. See you next week, Merry Christmas. David
In keeping with the original theme of the thread, I'm posting results from Nov. thru today, weekly basis, which will probably be a wrap for the year. Nov 2-7 8 wins 2 losses +180 pips Nov 9-14 9 wins 3 losses +72 pips Nov 16-21 5 wins 1 loss +176 pips Nov 23-28 4 wins 2 losses +164 pips Total 26 wins 8 losses 592 pips Dec 1-5 4 wins 2 losses +30 pips Dec 7-12 5 wins 11 losses -13 pips Dec 14-19 5 wins 1 loss +101 pips Dec 21-26 3 wins 0 losses +35 pips Dec 28-30 5 wins 1 loss +34 pips Total 22 wins 15 losses +187 pips 2 month aggregate of approx 52-48% W/L ratio Up 779 pips for the 2 months Tough 2nd week in December-poor position choices. Most of December I stayed quiet. I increased the number of units traded to 500. This may come as a surprise to some, as most traders on this thread trade a full-size account (?), but these past couple months were a return to trading for me, and I felt a scaling of size was the best method until I could reach a consistent profit. I will add a small amount of cash to my account after the 1st of the year, and will further scale trade size as results warrant. In retrospect, I have thoroughly enjoyed the past few months on this thread, and appreciate all legitimate feedback I have received(Cable, Reaver, rsikit, increasenow, Ivan, Gringinho, trackstar, etc) and would like to wish you silly bastards all the best for the new year!!. David
Couldn't help it, saw a bounce off s/r line for 22 pips. Huge spread, but this fits current strategy. Happy New Year!! (Beef jerky time)
Late start to the day, and EUR/AUD made a run south to another s/r line. One false start on a reversal for -15, re-entered and closed at approx 50% of last move down, +36. Definitely beef jerky time, do not wish to push it.