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    • RedCabbage replied Apr 8, 2009

      NZDUSD was a sell at London open yesterday and a buy at London open today. EURUSD story I think you already saw in EURUSD thread url It was all about a previous channel, Fib and good S/R price levels.

      No Brainer Trades
    • RedCabbage replied Apr 8, 2009

      I use a RR ratio of 2:1+ on trend trades, 1:1+ on countertrend, that way if you take some of your position off in a trend trade you should still be over 1:1.

      EURUSD
    • RedCabbage replied Apr 8, 2009

      Taking +60 before the German Factory Orders was the right move. I notice that when one person dominates the thread, everyone else keeps quiet so I'm done posting for now, I'm going to get a shower.

      No Brainer Trades
    • RedCabbage replied Apr 8, 2009

      BRV — The man's a genius - not only does he pen a great strategy but he formats for easy reference allowing him to keep his head down and not spend all day, everyday dealing with newbie questions.

      EURUSD
    • RedCabbage replied Apr 8, 2009

      It could do but it would mean breaking the lower support of the reformed channel pictured above if it were to do it today. German Factory orders news in 90mins could help decide.

      EURUSD