I live in Ohio USA. The market opens up at 5pm Sunday night my time. Things are usually slow until the AUS session open on Monday. Trading a flat market isn't the ideal potentially profitable conditions to trade in any market. I want to know what the trend is and that there's enough dumb money on the table for the taking. I already know I want to buy this week but, I want to buy low. I wait until Sunday night my time or Monday morning during the Asian session to get that premium placement. I also never trade the first 3 days of the month if it falls on a Sunday and I avoid the first month of the year completely for the same reasons.
I'll be adding to this when I see a 4, 5, 9 candle close. It's like clock work and removes the fear factor almost completely.
I'll be holding this one until Thursday evening or until I see an 8,9 sell pop up and I'll start slowly liquidating the position from there.
Enjoy your trading week! Those edge numbers are permanent and if anything changes I'll update this tread. I'll do a recap of the week on Friday.
I'm confused. In the image from Post #33, it looks to me like EURUSD is at 1.2172. But, in the image from Post #42, it appears the pair is at 1.2143. How was that a move up? What am I missing here? Wait! I guess he got in at the level with the blue dotted line, at 1.2130, is that right? I'm going to assume that this is what's going on unless someone indicates otherwise. Then he added more at 1.2153 I guess. I didn't get a buy signal for EURUSD until just now. But, I won't be holding on to it until Thursday. I'm just hoping to see it hit my take-profit target a little below 1.2177.