DislikedNot quite sure where to post this as it relates to both strategies https://www.forexfactory.com/showthr...5#post11960885 I have an order for a potential short on AUDCHF 1hr {image}Ignored
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DislikedNot quite sure where to post this as it relates to both strategies https://www.forexfactory.com/showthr...5#post11960885 I have an order for a potential short on AUDCHF 1hr {image}Ignored
Disliked{quote} I still favour going short at least until we see a break of the macD trend {image}Ignored
Disliked{quote} I've pull my entry as i got spiked in. Goes to show the benefits of waiting for a break & close of support & or resistance. I'll look to re entry if we get a second attempt but doesn't look hopeful {image} Also you can now clearly see a double bottom with bullish divergence.Ignored
DislikedSo when the MACD signal crosses the 0 and we now have a "bias" (in this case short) do we look for the most recent low as the entry location or do we wait for a new low to form and base our entries off that? And what happens if price has already moved beyond that last low? {image}Ignored
Disliked{quote} Vdubus, please explain us why the first completed wave doesn't work on this chart ? before we wait for the next one on NZDJPY ... {image}Ignored
Disliked{quote} in that situation aI personally wouldn't have taken that short due the fact that price has broken to the upside so id be looking for potential long entries. Even tho it played out ok you cant ignore price actionIgnored