DislikedLOL - that's a nice theory......the small sized buy hit my TP of 10 pips followed by another sell off the 625 area / earlier low all under the falling 30 ema ......will it break this time.....TWT !!Ignored
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DislikedLOL - that's a nice theory......the small sized buy hit my TP of 10 pips followed by another sell off the 625 area / earlier low all under the falling 30 ema ......will it break this time.....TWT !!Ignored
DislikedWell it did break, but with weird PA on the 1 min - no wide candles, no follow thru = no conviction.....mm - I smell a Freaky Friday fakeout.....shorts closed and a small long taken.....Ignored
DislikedLOL - so I took off my Bermudas and took the "allowed" buy after those 4 minute 1 min candles.....TPd at yesterdays low for 15 pips.....
Ignored
DislikedLOL - remember that its just an alert - you have to see the PA and trade the PA......
Sold after the YLL was rejected and already closed - these 1 min candles are crazy....Ignored
DislikedI have D M1 at 6562, had a sell at 6572 out +6 as it looks for now that 6562 may hold. Trichet talking in an hour and we've had a good run down so I'm outta here for a break as I've lost connection to platform (lots of storms here this week) a few times in last 10 mins.Ignored
DislikedIts also time for me to go out.....as price is holding around this MS1 level, the EMAAngle is green on 15m, 5m and 1m AND we have a 5m graveyard doji as the low I've taken another small buy looking for a pull back towards the falling 30 ema currently just under the 600 level....again a tight stop so a 3:1 RR.....
IF this level fails, the next is todays S2 close to the 525 level.....
Back for NY open ....BFNIgnored
DislikedI think we could be targeting W S1 at 6500 - ish and low from 12 Nov, TWT.Ignored
DislikedOK - my last post for this week is this chart. After the rejection of the DP well before FO there were 3 clear sell Signals as price pulled back to the falling 30 ema - magenta.
From the first signal to the pull back to that EMA that has just happened the drop was 155 pips......LOL - memo to self .....sometimes the best action is just to leave the trade with a trailing stop around the 30 ema.....a good weekend to all....Ignored
DislikedWelcome to the start of another week, folks.
This could become a habit e.g. getting a nice trade in before hitting the sack!
The chart says it all...pretty self-explanatory. Entry just above the high of the Higher Low Pin-bar after price meandered along the mid-point line. Speaking for myself, I never know what to expect at this time of night, which is why I exited when I did.......just as price started showing the first sign of weakness after a couple of high-momentum candles. Perhaps during the day I'd have let it run...who knows?
Bed,...Ignored