Much clearer chart than mine summitfx, I need to clean my screen next time I take a shot.
The way I see it (and please correct me if I'm wrong) is that there was a LONG cross between the 12th and 15th and therfore I entered a buy on the open of the 16th, which is when price fell away, hence I was stopped out.
There is now a short entry but I have sat it out.
The way I see it (and please correct me if I'm wrong) is that there was a LONG cross between the 12th and 15th and therfore I entered a buy on the open of the 16th, which is when price fell away, hence I was stopped out.
There is now a short entry but I have sat it out.