DislikedHi all, please exit this short @ 1.0420 then buy (actual support is 1.0415) till 1.0560 SL 70pips. Very typical of Thursdays- breakouts! Please we would no longer sell (exit our long) frm 1.052x the new level for going short would be about 10-20pips higher than 1.0560 Enjoy the ride. MeshachIgnored
Quite amazingly, as a greenhorn in this market many years ago, Thursdays happened to be the ONLY day of the week that my "system" doesn't work. It took me about 4 years to realize that ALL overbought/oversold systems of trading(that I know of) (or oscillator based system of trading) FAIL whenever there is a breakout. Now the realization of this truth makes me ultra easy money every Thursday.
Congrats to all those that took trades on the live account based on this call. Sometimes the BEST things of life come FREE.
Have a lovely weekend.
Meshach.