DislikedHere we see that the bears regained control of the market and are continuing to make new lows. If I was trading this one I would have entered in on 139.09 and held for 80 to 100 pips.
http://i35.tinypic.com/1zgar1t.jpg
This is how I trade. If you prefer to take less trades or more trades, you can always use the same strategy but use a different time frame and change your profit target/stop loss.
Good luckIgnored
It is great to see such clean charts. I am sure this would scare many traders, they might feel almost naked yet the ability to understand action is clearly comprehensive enough from your candles and price movements.
Can I ask in this scenario, when you say you would enter around 1.3909, would this be a sell order on the first candle break of this price or on a retest from below.
I am not so good at reading this type of entry from my past results.
Have a nice wekend.
Rob