recalculation at lowest low of the day shows me 1.3868 as close resis
long @ 1.3875 TP 1 1.3900 TP2 1.3920
long @ 1.3875 TP 1 1.3900 TP2 1.3920
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Dislikedok so todays high and low and then close is close of 18.00 M15 candle?Ignored
DislikedLuckylady. It must be a hell of a coincidence, but the same breakout numbers happened for the day I calculated. When I plot in the other numbers, the swing breakouts changed. But, the day after that calculation, it only reached 1.3871 low, which then according to the calc should have reached the same target as today, 1.3767, and it did not reach the UP 100% level either of 1.4062, same as todays, but only 1.4050, which is the sentiment level.Ignored
Dislikedrecalculation at lowest low of the day shows me 1.3868 as close resis
long @ 1.3875 TP 1 1.3900 TP2 1.3920Ignored
Dislikedrecalculation at lowest low of the day shows me 1.3868 as close resis
long @ 1.3875 TP 1 1.3900 TP2 1.3920Ignored
DislikedCounter trend trades are always riskier and as we broke through down support on the original calculation from NY close last night, at 1.3892 and went 3 pips below 50% down it would be a risk I wouldn't be prepared to take.Ignored
DislikedLuckylady. It must be a hell of a coincidence, but the same breakout numbers happened for the day I calculated. When I plot in the other numbers, the swing breakouts changed. But, the day after that calculation, it only reached 1.3871 low, which then according to the calc should have reached the same target as today, 1.3767, and it did not reach the UP 100% level either of 1.4062, same as todays, but only 1.4050, which is the sentiment level.Ignored
DislikedI've looked at the day you mention. One big difference is today's sentiment is bearish overall and that day was bullish, another thing, these are swing trade breakouts, different to the ones on the second tab which are more for reaching a target (hopefully) that day. Price did eventually reach that 4062 but not until a few days later.Ignored
DislikedI know that, but does the fact that it was bullish and not bearish, mean that it shouldn`t reach it`s down targets? What strikes me is the similarities between the two swing trade breakout numbers on totally different days.Ignored