News Focus
News Focus
icon url

Phoenix-Rising

07/26/10 9:45 PM

#64778 RE: novicetrader #64775

It held well today IMO... but the candle stick today shows indecision. thats why Im not 100% sure. needs to get through 100 da, and them more resistance at 1.30, then it can fill the gap.

I have been playing a lot more based on %'s and risk vs reward. 1.22-1.30 is about 6% and 1.22-1.4 is about 14% which for me shows more risk than reward....

what do i know, I'm getting back into the rythm of making profitable trades, if I have to leave a little extra on the table... so be it.