Same entry, different exit
Different school of thoughts. Same chart, similar view, different in profit taking. Sniper's trade plan -- 速战速决 If the price has to go toward my other camps profit target, it will definitely cross my profit target first. As a sniper, I would prefer to enter with a **larger position and get out before it reach the other camp's profit target. (In another words, my profit is "guaranteed"). **Assuming that this is also a "killing zone" for sniper to ACT! Assuming that both camp h
Economic calendar: Events that affect Forex trading
What is an economic calendar? An economic calendar (also called a forex calendar) is one which is designed to help traders and investors learn about forthcoming major economic information, such as the consumer price index, private medical insurance rates, and the nonfarm payroll. Even government reports are included. Economic Calendars operate on a much shorter timescale and they are generally released every hour or so. One of the biggest challenges trading around economic in
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