For ex....take my current short eur/jpy....it went from approx 127.75 to 128.85 in approx 30-40 mins....so I feel pretty good about shortin it @ 128.75.
Usually I'd set my tp at a conservative 128.40-45....tho this time I'm gonna try & go for 3-4 x's more...prolly end up gettin burnt...but the trend on the 5 min sure looks favorable for this exit point.
OK....gotta step away....time for some daddy-do's.....should try & forget about this trade & let it bake awhile bein that I want 100+.
Back in awhile....time ta go earn my keep around here.
Hello Buffet,, thats what i have been doing looking for extreme moves then going the other way, so far i am 50/50 need to fine tune it more,, i still use RSI14,, Fast stoch, 30 mins an 5 mins charts, i like to keep it as simple as possible, complicating things just confuses me. There are so many trading methods out there just havent found a simple succsesfull 1 yet. GTLY
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