DislikedI've shown this trade several times on this thread.
It works around 80% of the time.
When this pair heads South and hits a .20 psych level and bounces... it will move to the next psych level the majority of the time.
In our example we moved to .4120 and bounced.
AFTER the bounce...price moved back to .4120 and then immediately to .4100.
Price then moved directly to .4100 and then quickly retraced.
You can see my trades for the morning but the trade I'm talking about is the one circled.
Entered at .20 out at .00.