Monday, October 29, 2007

October/November Analysis







The colored boxes represent the order sizes in the grid that I use to scale into trades with. The boxes closer to the price are larger order sizes while the boxes farther away from the price are smaller order sizes (pyramiding into positions). Also I reset grids with smaller order sizes on hourly and daily retracements of the larger weekly trend as seen in previous posts.
Note: The grid I have in place on the EUR/USD has been expanded to look more like that of the grid placed on the GBP/USD. Targets on the EUR/USD have been raised as well.

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