Some more examples from eur/usd this morning. Bear in mind that the entry points are fairly discretionary; in other words, it's up to each individual trader.
The third example on this chart didn't work out too well, and perhaps should have been ignored due to the close proximity of the xx.50 psych-line, and the fact that the 13ema was starting to flatten out. Again, purely discretionary.
The third example on this chart didn't work out too well, and perhaps should have been ignored due to the close proximity of the xx.50 psych-line, and the fact that the 13ema was starting to flatten out. Again, purely discretionary.