Long term I expect a protracted downturn in EURUSD probably throughout 2015. But for this week it should have reached a temporary support and therefore a short-lived move up should be in order. I hope to be there for the break of support as well. Perhaps in next month's contest ?
Regardless, for now I hope to be able to capture any whipsaw movement and turn it into profit. My coming trades are meant to test my method's ability to deal with all market conditions. Crossing fingers that I succeed. This is my first attempt at applying my analysis at the 1 hour chart in a modified way as opposed to renko like I did until now. If successful I should be able to capture much smaller moves and therefore be more readily able to quickly accumulate greater profits.
Regardless, for now I hope to be able to capture any whipsaw movement and turn it into profit. My coming trades are meant to test my method's ability to deal with all market conditions. Crossing fingers that I succeed. This is my first attempt at applying my analysis at the 1 hour chart in a modified way as opposed to renko like I did until now. If successful I should be able to capture much smaller moves and therefore be more readily able to quickly accumulate greater profits.