Hi there,
It is me again. Previously I mention whether PA will run up to M4 well after the news it penetrated R1 right now. Well I wish I could have more faith in my system look at the EURUSD it break out after a reversal candle and went pass the green dotted line. That is the projected TP a total of 55 PIPS to bag. But I learn not to be greedy and bag only 20pips. Saw another breakout down for the USDCHF, notice the dotted red line that is the projected TP. And indeed both and hit and went beyond. Both MACD and Stoch was above 0 for EURUSD and USDCHF MACD and Stoch was below 0, Force Index jerk for awhile before it went its way again. Ok I am serious here, I do need help from you guys to confirm this system. Its breakout is so shocking so coincidence.
But I bag 20pips on each EURUSD and USDCHF. USDJPY even though it penetrated pass the support line I did not went in as if you notice it went down quite long before it hit the support line I fear the bears might run out steam so I didn't went in but I use it to confirm the breakout for USDCHF
Notice the Force Index did not hit 0 to confirm a reversal. It meant that the trend might continue but not for me to find out. You guys can try as USDCHF might hit much lower 1.0002 and EURUSD 1.6008 lets see
It is me again. Previously I mention whether PA will run up to M4 well after the news it penetrated R1 right now. Well I wish I could have more faith in my system look at the EURUSD it break out after a reversal candle and went pass the green dotted line. That is the projected TP a total of 55 PIPS to bag. But I learn not to be greedy and bag only 20pips. Saw another breakout down for the USDCHF, notice the dotted red line that is the projected TP. And indeed both and hit and went beyond. Both MACD and Stoch was above 0 for EURUSD and USDCHF MACD and Stoch was below 0, Force Index jerk for awhile before it went its way again. Ok I am serious here, I do need help from you guys to confirm this system. Its breakout is so shocking so coincidence.
But I bag 20pips on each EURUSD and USDCHF. USDJPY even though it penetrated pass the support line I did not went in as if you notice it went down quite long before it hit the support line I fear the bears might run out steam so I didn't went in but I use it to confirm the breakout for USDCHF
Notice the Force Index did not hit 0 to confirm a reversal. It meant that the trend might continue but not for me to find out. You guys can try as USDCHF might hit much lower 1.0002 and EURUSD 1.6008 lets see
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Forex Price Action Hacked - Price Action Rockstar