DislikedA question!
Do you trade this followthrough at 1.4960 or pass it? I am asking because there is overhead pivot level from yesterday at 1.4970 which can block the move.Ignored
IMHO, bearing in mind I ain't no expert by any means, just a bit gobby - might possibly trade it...with caution - but after a consolidation pattern (bracket) it would be worth a shot using the #2G+. But I can hear Fx (boy I miss him on this thread, don't you???) letting you know that the Pivot information is irrelevant here - he'd probably remind you to just watch the PA, it's all there and the tools here are the means by which we make test entries until it runs - and RUN IT WILL, even through the Pivot points, the psychological levels, previous Highs/lows etc etc. We trade NAKED here bro' - although I keep my coat on when it's cold - like today - freezing off me bits!
Quote from Feb - beginning of the thread "I mean why people need trendlines and moving averages to know where the trend is?? I mean...can you see it??
just look at higher highs/lower lows.....train your naked eye to see that and you won't feel like a donkey with a heavy load no more. I promise"
$urvive, Pre$erve &
RESPECT THE TEACHER