Above is a study I created that indicates when a shift is about to happen. Knowing this, all that's left really is to know how long it will be in that direction. If it's enough to get over a your commission or spread, then it's good enough.
Well, if you're already in a short position on EURUSD, then in my opinion, you have no reason to close it yet. Otherwise, you may as well join the band wagon as soon as your strategy provides an opening.
Short, sweet, and to the point.
Well, if you're already in a short position on EURUSD, then in my opinion, you have no reason to close it yet. Otherwise, you may as well join the band wagon as soon as your strategy provides an opening.
Short, sweet, and to the point.