Adding Rocket Fuel to Your Trading 2 replies
Trading: Part Science and Part Art 28 replies
Thank you for the welcome weZ
Yes I agree with you and would liken 1188x as the next target on break of the immediate sloping down tl at 1183x let us move the tl and our profits as the market move the price
You have some very nice long term trend lines too
Dislikedforex3e, Looks like the 1.1870 target was reached this morning.Ignored
Here is a good example of a highly problable trade.
What I do is this. On the 5 min chart I draw my trendlines on the lows as you see. The price never made it to the first trend line so I made a new one on its low. Still price never made it. By the third time price hit the line and went up more than 10 pips.