Dienstag, 28. Oktober 2008

Forex sideways


The Forex market is in a sideways mode. No opportunities for me :(

6 Kommentare:

Unknown hat gesagt…

In dem Chart EURUSD sieht man doch das der Chart zweimal exakt das gleiche Tief erreicht hat und dann gedreht..wieso hast du diesen Trade nicht gemacht? gruss Neon

http://uranoss.blogspot.com/

notebooktrader hat gesagt…

because the euro zone is f*****

I think the way of lower resistance for the EUR/USD is down, so I don't take long positions.

Unknown hat gesagt…

Only for trading sight..I think the risk was not so big..you go long by ca. 1,2350 and give a SL by 1,2310...

what do u mean the resistance is down?

notebooktrader hat gesagt…

neon you are right, the risk/return was good.

And it would have worked. The euro is stronger :(

There is a concept "the way of lower resistance". It has to do with the overall trend.

I'm sure "Schluchtenscheißer" wrote somewhere something about it.

Unknown hat gesagt…

Schluchtenscheisser?

notebooktrader hat gesagt…

enterlong.com
entershort.com

also called Schluchtenscheißer.