eurgbp on 5/22 (demo):
BB: Price rejected from BRN 85, just above the SS, uptrend.
B: Swing low, straddle off 85 back over the 200, I was waiting for a close above the SS before going long. That happened the week end 5/17.
W: 5/20 closed above support, but I wanted it to confirm, which it did the next day with almost a hammer-like doji with rejection off the 200. I went long at .87786 with a SL under the 200. Price went up then sideways. I'm starting to realize the value of volatility (atr10 is 46pips). Price rejected off resistance today with a shooting star; I don't like that candle so I will probably close out first thing on Monday open. I feel a bit lucky when I look back on this one.
BB: Price rejected from BRN 85, just above the SS, uptrend.
B: Swing low, straddle off 85 back over the 200, I was waiting for a close above the SS before going long. That happened the week end 5/17.
W: 5/20 closed above support, but I wanted it to confirm, which it did the next day with almost a hammer-like doji with rejection off the 200. I went long at .87786 with a SL under the 200. Price went up then sideways. I'm starting to realize the value of volatility (atr10 is 46pips). Price rejected off resistance today with a shooting star; I don't like that candle so I will probably close out first thing on Monday open. I feel a bit lucky when I look back on this one.