Target Falling Knife
PaRaM
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DislikedI went long at 0.9860 as soon as I saw that H4 candle closed above dotted channel line which I mentioned earlier.... My 1st target is 0.9916 area, but it is also a decision level: My next move depends on a break-above or a bounce-down! *0.9844 is current nearest support... {image}Ignored
DislikedA drop could be lethal for EURUSD from here. The daily volatility is 103 pips 5 pips more from yesterday and if, the bears don't give up we'll see these pips getting moreIgnored
Disliked{quote} Volatility = pips as I take this from the CME options market. Its the expected daily change in pips derived from the monthly volatility option. Volatility * Future Price / (Trading Days)1/2 It can be used like daily range also.Ignored
Disliked{quote} Sell Triggered now SL i will keep at 1.0010 Target Falling KnifeIgnored