caught this one and done for the day. Remaining position as bonus.
EDIT:
Reason short biased. -ve divergence spotted in macd
EDIT:
Reason short biased. -ve divergence spotted in macd
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DislikedUncertainty..is the only constant in FX....
Your SL and EP seems good....
SonicIgnored
DislikedThanks. I may not have this zip program so that may be why I can't open it.
I'll let you know.
Thanks
D~Ignored
DislikedMy current EU trade: Entered about 2 hours too soon and had to suffer thru that pullup. Then, because it did not quite get down to my first target, I let the trade run......now suffering thru another pullup. Trix is now crossed up, however it is below the zero line.....well biased now to the shorting side.
Edit: Closed trade. Entry short at 1.3642, closed at 1.3354, spread 2, profit 86 pips.Ignored
DislikedEntered short in EUR/USD. From yesterday, we can see that the market was kinda bearish.
Red Line = Stop Loss
Black Line = Entry Point
Blue Line = Take Profit
As from the chart, we can see that there's double top, and strong resistance form was formed on the price area around M3. Thus I put stoploss some prices above M3 line.
Take profit was deemed to be at yesterday low. However, I might want to close a percentage at the line M2, or at Friday's low, to secure part of my profit.
Sonic, what do you think....Ignored
DislikedSonic, in the post above that you made to mphpopular, you included a chart screenshot which appears to display not one, but two channels.....one in magenta and one in lime green....Ignored