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Today Cable went up very strong as the Nationwide HPI report got quite a lot deviation. The initial reaction was a strong spike but the price formed a consolidation pattern at daily resistance (62% retr. from the previous leg down). After the consolidation (123 figure) we got a good opportunity to go short, stop above the previous swing high, targeting the 100% retracement (very tipical when the price retraces after the news…)
Hallo, David,
you have the best strategy based on London / Europe breakout.
I use solely this strategy, too.
But I use also Pivots, fibs and daily open line indikator.
Where can I get your post in time, I mean in the morning, because I wanted to compare your trading ideas with mine?
With regard and respect.
Swana, Germany
Hi Swana,
It’s good to know that you are trading the European opening as your solely strategy. Actually you just need 2 or 3 hours of trading to reach the weekly target. Thats’ trading !!!
I’s good if you can share your view with us.
I usually write this report 3 or 4 times per week at 10:00 GMT (approximately). You may get the report later by email, but if you check out the blog at that time you may get it earlier.
You are welcome to keep posting !!
Hi, David
It`s good to know for me, too, that I have found your blog.
We trade in your blog the most scientific grounded system in Forex. I hope we can involve more traders if they watsch your
brilliant results.
And that is almost every day and without risk!
With regards
Hi, Swana,
Thanks for you comments. I´m glad you like the work behind the blog.
But let’s say with a controlled risk, There is not free risk in this market.
Thanks for sharing !!
Hi David,
I’m really amazed at your trading skill and how you make it look so stress free! I started a live account this week and am 7% up. Was wondering how much I should aim for as a start and then how much I should aim for as I become more experienced?
Great videos on youtube!