Well i sold too soon for sure....come home and see EUR/GBP in the .8120s,that means the trade was good for more than double my limit.....lets see if we can keep it going here
Looking through the charts...........post if you here,anybody
Well i sold too soon for sure....come home and see EUR/GBP in the .8120s,that means the trade was good for more than double my limit.....lets see if we can keep it going here
Looking through the charts...........post if you here,anybody
Well there are two options out there.....a buy of USD/GBP bottomed on the 2hr it has some room to drop on the 4hr but i dont think it will.....also a sell of USD/CHF looking for a cross to come on the 2hr and the RSI has turned down on the 4hr.....i will post when i jump in
Well there are two options out there.....a buy of USD/GBP bottomed on the 2hr it has some room to drop on the 4hr but i dont think it will.....also a sell of USD/CHF looking for a cross to come on the 2hr and the RSI has turned down on the 4hr.....i will post when i jump in
when there is a cross or looks like a cross is coming (like that GBP) how do you determine if its a buy or sell? i was thinking if RSI is in upper half then buy if in lower half then sell. the 2and 4 hrs seemed to be in lower half so I would have used that to indicate sell not buy. do you use RSI on the shorter term charts to indicate buy/sell or use the trend of the RSI line (it was trending up to the upper half even though it was in the lower half of 2 and 4 hrs)
nice one with GBP
when there is a cross or looks like a cross is coming (like that GBP) how do you determine if its a buy or sell? i was thinking if RSI is in upper half then buy if in lower half then sell. the 2and 4 hrs seemed to be in lower half so I would have used that to indicate sell not buy. do you use RSI on the shorter term charts to indicate buy/sell or use the trend of the RSI line (it was trending up to the upper half even though it was in the lower half of 2 and 4 hrs)