I'm scared of this pair. My experience with GBP JPY makes me think about horrible things. Good setup otherwise. Personally not a big fan of diagonal trendlines as I feel the probability is a little lower. Like here's an example, please correct me if I am doing this wrong......EUR closed below the trendine on a 3, 4 hr chart, signifying a further decline and a bounce upward would use the trendline as resistance at which you would sell. It happened for about 18 pips, and then came racing back up. Ironman not discrediting work here by any means its a good setup and has paid off many times (and please keep up the input its really good), I just get weary as the approach in general can be ambiguous sometimes, in terms of where to enter. just my 2 cents
Energy and persistence conquer all things! Ben Franklin
