DislikedHi Ira , i am looking to go short too but my candle does not close for another hour. too much temptation to jump in but working on my dicipline. and dont want to enter by looking at 1 hour chart bec this is a counter trend trade.Good luck.
P.S did u get a chance to read my earlier post on euro (#5195). any comments ( no pressure )Thanks!!!Ignored
Yes, I have read your post, I think it's very good. The only thing I disagree is that daily gives a long signal, if I'm not mistaken the price has gone through 89 now it has retraced to 21 and now should continue it's way down from 21, but I might be mistaking . I have decided for a while not to look at weekly, as it's a very long perspective for me, till I master 4h and daily. I think it's good with this deal to close some short positions at 21 and let the rest run, but unfortunatly my MM doesn't allow me to open 2 lots.
But you are doing good work, working out ways for yourself!