This is why it is best to stay in direction of the trend....this run was 100+ pips in 5 hrs. Plus, there was no strong buying after price broke above those levels marked in blue in the previous post. Had I been long, the market offered a couple opportunities for rescue at the yellow arrow that coincided with a buying level on the 1h chart and at the blue arrow which was near the D1 lows. I am still not trading at the moment...Just watching and learning
- Joined Nov 2010 | Status: Just playing follow my leader | 1,545 Posts
check out the terrain - follow never lead
- Joined Nov 2010 | Status: Just playing follow my leader | 1,545 Posts
check out the terrain - follow never lead
- Joined Sep 2009 | Status: Member | 5,978 Posts | Online Now
Success consists of going from failure to failure without loss of enthusiam
- Joined Sep 2009 | Status: Member | 5,978 Posts | Online Now
Success consists of going from failure to failure without loss of enthusiam
- Joined Sep 2009 | Status: Member | 5,978 Posts | Online Now
Success consists of going from failure to failure without loss of enthusiam
- Joined Nov 2010 | Status: Just playing follow my leader | 1,545 Posts
check out the terrain - follow never lead
- Joined Nov 2010 | Status: Just playing follow my leader | 1,545 Posts
check out the terrain - follow never lead
- Joined Jul 2011 | Status: an ant working the structure | 3,166 Posts
-be careful about what you allow to be put in your mind-
- Joined Jul 2011 | Status: an ant working the structure | 3,166 Posts
-be careful about what you allow to be put in your mind-