DislikedHere's a live trade I took from last night.
Normally I would have waited for price to reach the R line at 1.7600 (it was one that BRV posted as well) but the bucket concept finally sunk in and I was able to see the 'bottom' of the inverted bucket and was looking at 1.7510. I set a price alert to tell me when price approached the level.
After price bounced off the first time I placed a sell order at 1.7510 that was filled the second time price retested the level.
The lesson I learnt from this trade was patience. I had to wait 5 days for this set up to happen which was excruciatingly painful. All the time price was moving up to this level I was kicking myself as to why I wasn't long in the currency because with my 101% successful hindsight I could see the long trades.
Only now I understand the beauty of waiting for the setup. It truly is a beautiful thing.Ignored
All I have to say is....dude......nice! Keep them coming.