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Question: if you have this skill, will you use it for a such prize or for your own real account? Put 500 bucks and reach per week reach 500% (fourth contest position) and do the math. Last edited by metcalfe; 04-06-2008 at 08:19 AM. |
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Stupid.. ![]() |
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EURCHF trade idea
The next week I'll be focusing on EURCHF and EURJPY. Both pairs are shoving similar properties (up trend channel + nearby resistance level).
One of my first trade ideas ever published: Here is the EURCHF 4-hour chart. It's showing the uptrend channel and also key resistance level (blue) and descending trendline from the daily chart. The trade idea is to BUY if it breaches the resistance AND the trendline or to SELL if it breaches the bottom of the channel (closes outside it). Alternative BUY signal would be, if the price bounces off the bottom of the channel. T/P 100pips, S/L in all cases should be around 40-45pips but not more than 1-2% of the equity. If you can't afford such S/L, do not trade. Also some S/L moving technique should be applied or at least 35pips trailing stop. ![]() |
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what does it have to do with the thread item? |
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Dear Traders,
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__________________
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| Posted By | For | Type | Date | |
| Proposed NFA Capital Requirement - Page 48 | Post #316 | Refback | 04-29-2008 08:40 AM | |
| Masalah FXOPEN dan FXMALAY! - CariGold Forum | This thread | Refback | 02-02-2008 07:46 AM | |
| Masalah FXOPEN dan FXMALAY! - Page 2 - CariGold Forum | This thread | Refback | 02-01-2008 06:24 PM | |
| Masalah FXOPEN dan FXMALAY! - CariGold Forum | This thread | Refback | 01-31-2008 01:53 AM | |
| Fxopen - Onix (Страница 14) | Post #163 | Refback | 01-23-2008 04:21 PM | |
| Fxopen - Onix (Страница 14) | Post #163 | Refback | 01-20-2008 07:22 PM | |
| Fxopen - Onix (Страница 14) | Post #163 | Refback | 01-18-2008 07:03 PM | |
| multi_kub_ultra - Page 65 - CariGold Forum | This thread | Refback | 01-16-2008 09:53 AM | |
| multi_kub_ultra - Page 65 - CariGold Forum | This thread | Refback | 01-16-2008 09:52 AM | |