You are right. But I am OK with 20+ pips. It's the holidays, liquidity is low, no need to be greedy. And remember, hindsight trading is easy, but in real trading you have to make the decision before you know what is going to happen. I am fine with +20. Thanks.
Yeah! I agree. I'm a Wimpy scalper myself. I made 30 Pips on this one. But I've jumped off many that would have taken me for a good long ride and much bigger profit. As they say,"There's always another Trade coming along."
The Consumer Sentiment Index can be a valuable tool for intraday currency trading.
The Index shows the long and short ratio. The percentage number of the ratio is simply the amount of longs or shorts in the overall amount of opened positions transacted. The Consumer Sentiment Index gauges effective speculative interest in currency pairs and currencies, and therefore can be used as a CONTRARIAN INDICATOR. The index is updated every 30 minutes
To use Margin Calculator, select your account currency, select your account leverage, type in the size of the trade, and Click Calculate to see the results
Ghickn'd out did Ya. It would have hit your original TP if you just hung in a little while longer.
ReplyDeleteYou are right. But I am OK with 20+ pips. It's the holidays, liquidity is low, no need to be greedy. And remember, hindsight trading is easy, but in real trading you have to make the decision before you know what is going to happen. I am fine with +20. Thanks.
ReplyDeleteYeah! I agree. I'm a Wimpy scalper myself. I made 30 Pips on this one. But I've jumped off many that would have taken me for a good long ride and much bigger profit. As they say,"There's always another Trade coming along."
ReplyDelete