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Here is my Forex Trading Method
Started Mar 17, 2009|Commercial Content|56 replies
Hi Here is how I trade the forex market on the 1 hr chart Setup: EMA pairs of 5 and 2 (5 in ...
Hi Here is how I trade the forex market on the 1 hr chart Setup: EMA pairs of 5 and 2 (5 in ...
Yeah, I am technical guy and I am short at 0.6430 looking forward to reach the 0.6333 level
I am not a scalper so its ok if it went up for a while I have a stop loss at 1.3085 I can take some heat no probs this trade is a bit risky tho cuz of the support at the 1.2870 area. but I like risky trades it keeps me busy ![]()
I could be wrong but after those big hammer candles on my 4hr chart, double tops and the strong resistance at the 1.3080 area for me it looks like its time to go down
Yep I agree, very good time to go short. still need some confirmation on my chart tho.
my plan is pretty much like you,, waiting to see what will happen at the 1.3100 area then will go short from there.
who is he?
wow you covered the action in the next few days nicely
anyways are you long at the moment? if so at what price?
no one can read the future, but before entering a trade you should always decide where to put your stop in case things got bad and a target in case price moves in your favor, then once you get in a trade keep praying to the Forex gods ![]()
unless you are scalping on a really small time frame chart I don't think you should look for long trades at least for now