Ideas posted are not a recommendation to buy or sell. Indices don't care about my targets/ideas. Swings: from days to weeks (options), no initial SL. Unprofessional, Amateur. EoD/BoD: End of day, Beginning of day + trailing SL
Michael Boutros is a Trader / Currency Strategist specializing in FX markets with years of experience on FX Trade Desks. Currently, Michael is a Currency Strategist with DailyFX. Risk Disclaimer: http://goo.gl/CR5SFz
Jamie Saettele, CMT has been an active trader for 8 years, and is currently Senior Technical Strategist at Forex Capital Markets in New York and author of Sentiment in the Forex Market (Wiley Trading). Risk Disclaimer: http://goo.gl/CR5SFz
Aussie Girl (Woman?!) Trader, trading the $EURUSD on 5M charts, and the odd equity. Have a look at my trading blog, it's a bit different than the usual trading blogs - exploring the emotional impact of trading, and no boring charts. Promise ;)
detecting an imbalance results in a call
closing your position. Prices will average out!. Therefore :
+ BUY (far) ABOVE the given level
+ SELL (far) BELOW the injurious level.
The lifetime of the level is up to severall days.