Thanks. I try to use both technical and fundamental analysis. But I change how I trade depending on whether I think it is trending or ranging. It's been trending down, so the last few trades I have only sold not bought. As far as the stop, it denpends on where I think support or resistance is. I don't like to have the same amount of stop all the time. Good luck.
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
Great trade! Someone knocked the floor out from under the Euro tonight.
ReplyDeleteI'm interested in the methology that you use.
Have been following you for awhile, just not sure if I can handle the large SL you place.
Good Job Keep it Up
Thanks. I try to use both technical and fundamental analysis. But I change how I trade depending on whether I think it is trending or ranging. It's been trending down, so the last few trades I have only sold not bought. As far as the stop, it denpends on where I think support or resistance is. I don't like to have the same amount of stop all the time. Good luck.
ReplyDelete