Trade ideas thread - European session 17 October 2018
In sharing these forex trading Ideas, I’ll be talking about the price action context, key levels, trend bias, and where I think these forex pairs, stocks, CFD’s, commodities, and or global markets will hit next year.
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All of those are bad ideas but none of them are as bad as trading with size. At just 10 times leverage your chance of blowing up your account is 75%. Broker count on it. Just 5 consecutive trading losses of 1% will wipe out 50% of your capital and that could easily happen in just one week.
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Below are some interesting Forex ideas I’ve been tracking. GBP/AUD — the advance on Friday completed a 14-week Cup and Handle buy signal in this forex cross. I am interested in buying a slight retest of this pattern if given the opportunity, but I will not chase the advance. I would limit
Trading ideas for the European session - 18 July 2018
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