As in the past, when we get volatility extreme, the "math" slides off course...
I HAD WARNINGS
and yet...I "knew" better....#FAIL
Yeah...lessoned Learned
2 days ago 18 pairs I track 2 were "on target"...<---only once before has that happened out of the last...8/9 months.
Yesterday...9 out of 18 on target
Generally I get 12 to 13 on any given day.
Keep in mind 3 pairs were just added to my list.
I don't expect everyone to understand, it is a system that works for me so I'm sticking with it and in the future I will just have to "learn" to pay attention to the 'warnings" and not trade until the "math" comes back in line.
My EUR/GB "swing" is still negative *25pips...not so bad..if the math is right ?...I should be break even or a little ahead in the next 24 hours ( I'm showing a lower high than previous top)
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levels I'm looking for:
CHF/JPY: 84.43/ 83.64....(40P RANGE)
EUR/CHF: Looking for 1.3415* low for long entry (20p buffer)..60+ p
USD/CAD: Looking for 1.0205 low for long entry...target 50+ ( My upper level is about 1.0309/1.0320)
I'll put these on my charts and keep watch..
** Just trading ideas based on my own mathematical equations....NEVER A GUARANTEE
THESE ARE NOT TRADE SIGNALS Calculating probable "Turning Points" Not necessarily the Daily swing (although this is common). Generally "levels" are hit during the U.K. Trading sessions * I use a 15 to 18 pip buffer (+ spread) Most "turns" are good for 25+ pips BUT, not uncommon for 50+ pip runs I try to add possible target amounts based on averages. NO GUARANTEES...IT IS FOREX!!
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