DislikedThanks forexcfa
Thanks Andrew for explain to me how to trade on Flat market and using Fib
Did you see today Eur/usd?
the market is bearish it hit the Supertrend line. Did you exit the trade?
or you exit at the trendline that i draw?Ignored
One can move orders to enter the market from more profitable position (on the new highs or lows depending on the direction of the trend), but it can be also more risky for the price noise not to hit it casually.
That sell entry point with a blue dot was not ignored because of the big size of the candle and the little probability of casual hitting the order. In other wirds if the price reaches that order the color of the dots surely turns into red again.
Best regards, Andrew Forex