Hi FxAction,
I tried this small hook and it worked..price stopped dead at the next support.
Regards
I tried this small hook and it worked..price stopped dead at the next support.
Regards
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Disliked{quote} You are made if U continue to spot set ups like thus. Let me analyze this a bit. USDCAD was already in an up trend, but was coming down. At a demand zone it met a shocking rebuff that formed a very long bullish yike in the direction of the original up trend. Yet price was not convinced of the rejection,it came back again in form of a hook to be sure it has been rejected. Once again it was rejected. It then had no choice than to continue its upward journey following the original up trend. Quite a classic.Ignored
Disliked{quote} You are made if U continue to spot set ups like thus. Let me analyze this a bit. USDCAD was already in an up trend, but was coming down. At a demand zone it met a shocking rebuff that formed a very long bullish yike in the direction of the original up trend. Yet price was not convinced of the rejection,it came back again in form of a hook to be sure it has been rejected. Once again it was rejected. It then had no choice than to continue its upward journey following the original up trend. Quite a classic.Ignored
Disliked{quote} Here are my three trades for the day unfortunately only on demo but since following your advice and reading the threads you have mentioned I am feeling more confident in entering trades in the areas that I have been able to spot for a while without an entry. Eur/GBp was at a triple top daily resistance, price stalled there and I entered with the H1 4 candle break out short to the first support {image} Aud/usd again price had rejected a daily resistance and I entered using the 3 tap 4h trend line to enter down the next support wish I had...Ignored
Dislikedhi guys, i hope i am in sync with this method (the little triangle is where i sold): {image}Ignored
Disliked{quote} ok one question, what is the real purpose of your post of this particular chart and your comment? This post is really really useless and just says "I am so good" all over it. Quit bragging man, I mean woman : )Ignored