Well I'm rather upset. A few good people got suspended and Kiads happen to be the last straw. PROTEST PROTEST PROTEST
That out of the system I still realise the main purpose of being here. So with reagrds to Kiads new template you should notice that on the E/U Daily chart, 2 bars back we have a "up" star. That condition was satisfied one bar later with the candle closing bullish but sadly still below the close of the "Star" bar. So depending on your entry you might have lost some pips. Another thing is the PA looks as if price has hit a support/demand area so the bias generally remains long.
Now looking at the U/C daily, since the two pairs are so correlated we see also and "up" one bar back. Contradiction is rearing it head. The thing here is PA here appears to indicate that price has hit a resistance/supply area.
How now brown cow?
That out of the system I still realise the main purpose of being here. So with reagrds to Kiads new template you should notice that on the E/U Daily chart, 2 bars back we have a "up" star. That condition was satisfied one bar later with the candle closing bullish but sadly still below the close of the "Star" bar. So depending on your entry you might have lost some pips. Another thing is the PA looks as if price has hit a support/demand area so the bias generally remains long.
Now looking at the U/C daily, since the two pairs are so correlated we see also and "up" one bar back. Contradiction is rearing it head. The thing here is PA here appears to indicate that price has hit a resistance/supply area.
How now brown cow?
I want more brain power!