DislikedSorry forgot the charts.
Also the 4 hour bar had closed above the .7000. We can even go to the weekly, again if the weekly closes above the .7000 or a strong PPZ level.
.Ignored
For example, now that price in the 4H has closed above 0.7,
when we say do a touch trade, does this mean selling right away and anticipating price to go down back to 0.7?
Or does it mean putting a buy limit at 0.7 right away expecting that IF price does go down to 0.7, it will bounce off it heading north?
Sorry if this is a bit of a nuisance but I still have not grasp what you guys mean by touch trade.
CY