OANDA FXGame Trade

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Old Jan 29, 2009, 4:59pm   #46
Joined Jan 2009
JDTRADER started this thread Yeah I know GREED

Still better to screw up here than live, its all a learning curve
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Old Jan 30, 2009, 5:34pm   #47
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Joined Dec 2008
Slots? or Roulette?

Patience! Patience! Patience!

Temper your entries to just the lows and highs - then risk a bet

GBP/USD Lows 134 ish
Recent GBP/USD Highs 149ish Only buy or sell near these levels!

Until it break these levels it represents the risk of that 2000 pip range. anything near the middle is only risking trades

EUR/JPY is good buy at 112-115 levels
GBP/JPY is good buy at 118-123 levels
EUR/USD is good buy at 1.24-1.26 and a good sell at 1.40 etc etc etc
EUR/GBP is good sell at 95 to 98 and a good buy near 80
Wait! Then wait some more! Price will reveal a trade to you

Use 1 hour charts or longer squeeze 1000 candles / Bars in it to define your ranges
Throw away the 5 min/1 min charts until you look at the longer time frames


Last edited by c_c405; Jan 30, 2009 at 5:42pm.
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