Hmm... I use those tight stops from time to time as well but overall I'm not that good in predicting good entries. ;) A Risk/Reward of 5:1 is awesome and if you don't use any indicators, well just great.
You could just set up a demo account and post your stats over there at MyFxBook for instance. It's a good way to attract some attention.
I have huge longs in play with a target of 1.2350 then 1.2495. Let's see. Looks like there is some kind of floor and good buying pressure (against GBP as well).
I think we may not underestimate the fact that most of the bad stuff is now priced in. The fundamentals might be awful for Europe but that's why the Euro is that low now. We will need fresh bad news to see it lower. As the Euro isn't traded alone but traded as a pair, it's still just the Anti-Dollar, and as long the interest rates in the US stay low I see no reason why the Euro should drop more in the SHORT term. US fundamentals are awful as well...
Yes. This downgrade was not a surprise and market participants tend to think ahead and look forward. And what they might see is that Europe already has done some nice measures against their debts, things that the US hasn't done yet.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
Video includes:Levels I'm anticipating before getting back into these 3 stocks; How toprofit from AI's copper and power surgewith English substitles. Watchشاهد
You could just set up a demo account and post your stats over there at MyFxBook for instance. It's a good way to attract some attention.
I've started a small 1k account as well, you can follow and watch if you like here: http://www.myfxbook.com/members/Xaron/euro1k-euro1m/32355
We've seen the bottom.