I had essentially the same trade, except my chart had the res-turned-support at 131.01, so my entry was at 131.05. Got stopped out quickly. This is just a demo; live I probably would not have entered because of the strong momentum down, but I'm kind of just gathering data right now. Many of my winners have had similarly strong momentum right up to the line before reversing; in fact, I think more often than not the s-r has been respected regardless of the momentum.
0 for 3 this week, and there were a couple others I didn't get to quickly enough (have my alerts set for 45 pips away, apparently that's not enough), and those were losers too...
0 for 3 this week, and there were a couple others I didn't get to quickly enough (have my alerts set for 45 pips away, apparently that's not enough), and those were losers too...