Friday, April 29, 2011

Trading Plan: Comparing the Majors


Between 7.30 am 9.30 am there is on one of the Major Pairs
a good chance to short below the low of the prior 10 min Bar.

This week the Canadian dollar provided the best opportunity, to identify which instrument to trade I either look at the daily chart (inverted hammer, already in down trend) or at the action that happend on monday and then try to participate in the moves that happen on the following weekdays



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