there is a 95% probability that usdcad closes below 1. 2800 11 hrs from now based on my own analysis tactics. Selling a put option here at current costs provides a positive expectancy on risk capital so I made the trade. :)
Hi Lexie. After strong trends always must be to 2 tops (or more) (wave 5 of 3 and wave 5 of 5). This affect causes the divergence on the osciliators. Only after that can think about short position. (Sorry for my English).
I used to EW trade for a investment firm, so I know that. But to assume a top consists of a oscillator deviation and a certain amount of tops is simply ridiculous.
I have high respect for EW, for the record, I used to trade EW intensely.
But to say a downtrend needs 2 tops or more, with a divergence from oscillators into a downtrend is a very narrow minded perspective, individualising one strategy, and ignoring all other concepts.
What broker can you use for binary options?
Forecast: rainy with a high chance of stop losses triggered.
But to say a downtrend needs 2 tops or more, with a divergence from oscillators into a downtrend is a very narrow minded perspective, individualising one strategy, and ignoring all other concepts.
Just my opinion.
Regards
Tom