@furtengk@tradesbyrina@tradelockermain CFD's are regulated but I think Forex is not, meaning there's not central exchange for them. Honestly, trading popular products like S&P, Nasdaq, Oil, Gold on CFD's is the way to go, tight spreads (except for oil).
On the indicies, I'll be interested to see if we get a retest and rejection of the 20 DMA, if we continue to waterfall, target areas would be 50% of the move up, the 50 DMA and the 2026 Anchored VWAPs
What a crazy day in the markets. Going into next week, just remember on the higher time frames, we might be seeking a daily higher low. Definitely a Lockout Rally to remember. I'll post some key areas I'm interested in IF we get there, IF the daily higher low is never found.
Happy to catch 300 total points on MNQ today, wish I would have held my short all day but I'm happy catching 300 total points. Thought we would have went straight to TP, edged me and I ended up taking about 3 scalps to get to 300 points on the day.
I made alot of money today and I wouldn't be here without u all ! So! Who wants a giveaway!
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@E8Andrew@E8Markets@E8Crypto But I do want to let those winners ride, so if its running, moving the stop to +$500 profit and the TP to +750 then +1000, $1k is the absolute walkaway period. that's 2 days of personal daily loss limits made in one day. IMO, that's the way to stay in it for the long haul
@E8Andrew@E8Markets@E8Crypto Excellent plan. $500 is a realistic daily goal. For me, I would wait for those A+ setups, ideally waiting for IB. I'm walking away with a $500 win or loss. The goal for me isn't to make it to payout as fast as I can, its to get there and keep the account for as long as possible.
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