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TFC Commodity Trading Forum

Re: Euro/Testing Important Support/Trout *PIC*

I agree. And nothing trends like currencies trend. When the market gets in the groove and you just keep taken intraday signals following every counter-trend move where you put 2 on, take 1 off at a profit, market repeats counter-trend move, you put 2 on, take 1 off at a proft; now your short two on the position trade, market repeats counter-trend move, put 2 on take 1 off at profit, now your short 3 on the positon, repeat as currency just keeps repeating the pattern...see Aussie intraday chart -- I love it when people tell me day-trading is a waste of time...it is work though, and obviously not for the impatient or undisciplined etc.