Dislikedhe is long off the recent OB and decided tonight to set his stop at 8792 which locks about 100 pips profit.
we have an alert set at 89. if it reaches there i have no idea what he has planned.
if i know him he will probably snug it up under the 150.
geez... i feel like his personal broker sometimes.Ignored
That Eur/Gbp post really helps out a lot of people here. I see so many complicated scenarios that I want to throw may hands up and say "just what for the break" or "just wait until it gets to that level".
It really is simple and when we start to complicate things, it should be a red flag to step back and take a more common sense second look.
Thanks jim
Indicators show the past. Price Action "Indicates" the future.