Touch of 10 EMA.
Updated details later.
Update: sorry guys was watching the trade ( cant multitask )
Entry Reasons
1)Touch of M15 10 EMA.
2) 10EMA very steep at 60.1degrees
3) 35 SMA and 50 MA pointing up.
4) 2 bar retrace to m15 10EMA
ok i exited at +11, bearing in mind 2 things
Exit Reasons
1) last high we saw last night was 1.5630
2) London Open- * HANGS BIG RED NEON SIGN* - REPEAT OF YESTERDAY LIKELY - THE BIG FAKEOUT
so better to close the trade before LO
Updated details later.
Update: sorry guys was watching the trade ( cant multitask )
Entry Reasons
1)Touch of M15 10 EMA.
2) 10EMA very steep at 60.1degrees
3) 35 SMA and 50 MA pointing up.
4) 2 bar retrace to m15 10EMA
ok i exited at +11, bearing in mind 2 things
Exit Reasons
1) last high we saw last night was 1.5630
2) London Open- * HANGS BIG RED NEON SIGN* - REPEAT OF YESTERDAY LIKELY - THE BIG FAKEOUT
so better to close the trade before LO
Attached Image