In a word, I feel today's trend is very very odd.
Plan your trades and trade your plans
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DislikedYes, I think e/u after 8:00 gmt+1 1h candle bounced off 1.5900 support level thru 21 ema.
I'm I right saka?
If not correct me.Ignored
DislikedSaka,
Looks like the GBP retraced to the .786 Daily Fib. Waiting to see if it comes down and finds support on the upper TL for a possible long entry.Ignored
Dislikedis there any indicator that can recognise the formation of the MACD?Ignored
DislikedHi Saka
USDJPY is on its 4th attempt to push through the resistance line.
Seems to go up further.
TillIgnored
DislikedI passed on the LONG GBPUSD, because it was CT and I was not sure if it had the steam to keep going up, or if it was going to die off and eventually continue back down on a TC early next week.Ignored
DislikedPhillip or anyone else,
Is there a link where I can download the entire lessons on the 4 Hour Strategy (MACD)? I got the one at the bottom of the original post in pdf format. But from the list of the lessons and pages in that article, it looks pretty lengthly. Please advise.
CharlesIgnored
DislikedI don't think this is CT trade. It is TC. Someone should correct me if I am wrong. I took the trade but only to 89. I never believe it will go so much. If I did'nt delete my pending order to sell @ 1.9820 and 1.9814, I would have today.
See the attached for the trade I took.Ignored