The Art of the Chart » FOREX http://www.theartofthechart.com The hardest way to make an easy buck! Fri, 09 Apr 2010 07:03:51 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 Early entry in a range pays off well http://www.theartofthechart.com/124/early-entry-in-a-range-pays-off-well/ http://www.theartofthechart.com/124/early-entry-in-a-range-pays-off-well/#comments Mon, 02 Feb 2009 11:52:03 +0000 Art Vandelay http://www.theartofthechart.com/?p=124

another second bounce, bund 5 min chart

If the trend is up and momentum in the range is positive, the second bounce in a range is often a better entry then to wait for the breakout because it can improve r/rw by a factor 2 to 4

]]> http://www.theartofthechart.com/124/early-entry-in-a-range-pays-off-well/feed/ 0 nEUROtic http://www.theartofthechart.com/21/neurotic/ http://www.theartofthechart.com/21/neurotic/#comments Thu, 28 Feb 2008 14:34:39 +0000 Art Vandelay http://www.tradersblog.info/neurotic_21

FOREX trade

click the chart

The currency (FOREX) market is hot. The $ is stone cold. The daily EURUSD chart looked like it could breakdown, but instead it broke to the upside with a lot of conviction. Crazy conviction! But in crazy markets there is often money to be made and the EURUSD was no exception today!

 

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