EURUSD only

M15 short @ 1.15618

If you go back to yesterday ,, the m1 200 and the Ws1 level is what led us to current area the,, see where the pop came from during the asian session ,was the top of flag pictured or 50 level of the box,,an inverted H&s pattern ,, with price projection ,, the box approach ,, last weeks low etc etc now its what level it makes it too before it gets whacked and sent packing again still got the projection to hit ,, box gives out or stys below m1 200,, well you know wht happens ,, more levels fail then more ,, hanging around up here tho ,, those projections get hit time and time again I always like to see them get tagged ,, as said can clown around forever before it decides too ,, or if the right level fails ya write it off and go the other way ,,, no sense in buying a mkt getting sold,,,, levels start failing means its getting sold ,but just at 54 lwa ,, no rush

Yes, body doesn't matter it's an extreme wick on one side. If there has already been one or more at a likely turning point, it is quite good sport to try to open a trade in the wick of the previous bar if it goes there - very low risk.

It is worth stressing however that the pins should only be traded at likely turning points, you are likely to get burned if you try them on the way up or down.

I got a small scalp on that last set of pins and it is coming down for more so there may be a second bite at this one

I'm not sure I totally understand. Do you mean we could possibly expect up to a 70% retracement up the leg? So an approximate price of 1.1650 by 6/10 at 00.00?

traders sty green and safe ,, have a great rest of session ,,cheers all

Magnitude area

Seventy percent of the time of applying this rule (tilt) is correct

H4 looks like its about to shoot straight down...

Sorry meant H1...

these TL breaks have been perfect!

It closed below green LWMA.

Agreed !!

O.k.
It's going to the pivot.
Tp i move higher , 1.16200

Heading for TP. Nice.

After a touch to 1.1538 support level it might bounce back up..

Stay Green

And who says algos and EAs can't trade better than human traders? Ehhh?

And then it does just that...

yes, just closed short. now watching for 5350

took profit on M15 short @ 1.15445

im actually expecting another leg down waiting for a new entry point