trading the momentum cycle

UPDATE ON MY SHORT EURUSD
i was wrong it is falling straight down

 

Nice trading...you are onto something now I think

 

yep i certainly am.....if you keep at it, you will definitely make it

 

closed trade for 20 pips

 

Is your volume futures based?

 

long as per chart no stop because market may test lower

 

no clue i am trading spot

 

So your volume is worthless as it means nothing.....

 

actually it is a very good question i should enquire from my broker more about it

 

does not matter 30 pips out of totalmovement of 45 pips i have got in bank

people must be using meaningful volume and losing