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specgoldbug

12,874 Posts.

370

12/04/17

22:29

Post #: 24042939
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Originally posted by Trae ↑

To size up I like to hedge the rotation points then collapse each hedge leaving an equal core directional position in it's place when I think each retrace has run out of steam.

For example, AUDCAD position below shows reversals.
View attachment 545340

For mine, FX operates on all frequencies (Low, mid & high) and I find the FX mid frequency (sub hourly) far too volatile to trade.

To your comment about looking at the lot, I tend to start at the monthly and zoom into the weekly, daily, 4hr, 1hr, 15min then 5min to find an entry point (I often buy on the 1min). I'm a scrooge when it comes to leveraged positions

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You tight ass ...lol......such an art this is regards timing.....I got my L plates on....go swissie....one more up within the 5 mins structure (which is days long) then smack to the downside.......

Price at posting: 1.3321 Sentiment: None Disclosure: Not Held
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0 Great analysis

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