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StopRunFx replied Nov 12, 2014Faded that one -- this could be the flush before bulls take off -- a scalp is in and taking it from here, looking to add on if bull momentum strong. What I see on the daily chart is a lower low trend reversal setup with two bull days trending ...
EURUSD
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StopRunFx replied Nov 11, 2014Hi everyone! Seeing EURUSD at resistance confluance here, could sell off at least to the moving average, placed a sell here, but will exit if no follow through down. This can also be seen as bull ABC target on lower timeframes, so a couple of ...
EURUSD
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StopRunFx replied Nov 11, 2014Bulls seem to have established a channel in EU and have incentives to take profits by now (around 30 pip), but the question is whether strong bears will be stepping in right now? To me it looks a bit like a parabolic channel trending up in steps ...
5 PIPS - Only Five
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StopRunFx replied Nov 11, 2014The undeniable logic of profit: you can only make a profit from breakeven into your favour -- a wider stop may make you feel better for longer, but will definitely reduce your risk-reward and ruin your trader's equation. That's why you keep hearing ...
5 PIPS - Only Five
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StopRunFx replied Nov 11, 2014Hi everyone! I'm new to FF and this thread caught my eye and I agree with this idea. If you can read the market, you will make 5 pips many times over much faster and easier than you will hit those homeruns with wild swing stops advertised by brokers ...
5 PIPS - Only Five