I have gone long on the EUR/CHF pair as recently it was sold down over 1000 pips to these current levels - Although this is not the lowest support zone I think it may climb back to the 1.60 levels before we see further selling down of this pair. So I'm long on this pair
Look at the chart
Posts
i've entered at 1.502 and stop is 200 pips below at 1.483
ReplyDeleteand you were absolutely right about GBP/USD, are you looking for a short oppurtunity on that now?
thanks again for all your tips,
Not so sure
ReplyDeleteI'm pretty long on this pair but if the rate decision drives it down I may skip going short and wait for another long - one can never be to sure in this market these days
Price action will lead me to my next trade on this pair. I think it's going up to the 160's but I'm not a genie so I will let price dictate what I do
Cheers
Hope you keep spotting those good ones. My standing deal with students is to help them earn 100k in real cash and when they do they pay me 20k for the help
;-) we got a deal? :-)
Your welcome for the tips I'm here to help
haha, I'm just starting to break out of the newb tendencey of wanting to trade on the one minute charts, and i'm also just starting to spot bottoms (kinda), so it might be a little while before I rake in the pips :P
ReplyDeletei have to be more patient, but i'm getting there i think
it just depends on your style Jim - some make a killing scalping little wins multiple times a day
ReplyDeleteI dont' have time to do that and I prefer to make thousands of pips instead. This Volatile time in the market will not last so long - Heck just mid last year it was a treat to scoop 50 pips out of a week long trade! now you can do it in 15 minutes - THAT'S The MARKET I LIKE AND HOPE STAYS FOR SEVERAL YEARS!