P3tr4's Blog

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Test trade

My strategy has been doing well so far, i even came to the top 50 page..
Today i took the strategy signal on a 4hour chart..That trade is not looking so cool...This was basically an experiment..
If this does not work out, i am sticking to my one hour charts..
Happy trading folks!!
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Nicco avatar
Nicco 10 Nov

I think one must to use first the 4h chart to find resistance and support levels, but to enter trade from 1h chart. The short time charts contains a lot of false signals but are usefull for scalping when the pair is in online trend. But trading is not exactly mathematics...

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Note to Self!!

This has definitely been my worst performance in the last few months, and its all because I decided to go against the trend...After days of low volatility, I decided to go against the United States Dollar..That decision has been very costly.. ...Well, once again i have learnt...
The contest table looks rather funny, it has really been a slow month...
But even with a tidy profit, it is still possible to climb to the top...The power of blog points and conditional orders...
Nigerians totally rocks!…
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