Mr. C, MM of the last month was up, and the MMOY is also up.
In this case, is the 18.4 valid?
In this case, is the 18.4 valid?
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DislikedMr. C, MM of the last month was up, and the MMOY is also up.
In this case, is the 18.4 valid?Ignored
DislikedAs you say, it's too early to tell. I was questioning the 18.4 because, as I understood from the book, we should look for a trade if this month is down and previous month is also down. Don't have too much experience with the method, that's why I was asking.
Thanks for the explanation.Ignored
DislikedThe MM of this month is down. The last months MM was up but it filled only around half of the range. So common sense tells me that it didn't have much power to go further up. But don't really care about that. The price might also be in a possible diamond. But it is too early to say anything. 18.4 is only a possibility as I said earlier. I am not trying to predict anything here. Let's wait and see. Near future PA will show more.Ignored
DislikedInvalidated. Skipped the idea of a trade because of the USD index.
A comb might be building there on I.USDX dailies and E/U has a #20.6.Ignored
DislikedPosition running with some floating profit. SL to +1. Free ride from now.Ignored
DislikedBack to trading. Hope you had a nice and green week here. First trading day after holidays: EUR/GBP running with some floating profit. Closed half of it for 1.2% to secure my position as I intend to leave it through the weekend. SL at b/e, free ride from here. Have a nice weekend again.Ignored
DislikedHalf closed for small profit at high (almost 80%) ADR. The rest running with SL at b/e. Target - AWR.Ignored