DislikedHi Lawgirl, are you saying, 1 can leave the 50 level out? Because I need only look at the direction of the RSI 12 to 2 or 3 to 5? Sorry for the trouble. ThanksIgnored
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DislikedHi Lawgirl, are you saying, 1 can leave the 50 level out? Because I need only look at the direction of the RSI 12 to 2 or 3 to 5? Sorry for the trouble. ThanksIgnored
DislikedHi Lite,
If you read the thread (which is not very long at the moment!) this question has been asked and answered already
Just think of the last line on the indi as the hour hand of a clockIgnored
DislikedJust long on nzdusd @ 0.74196 and audusd @ 0.97324. Took the trade as it broke through the resistance level. Now down a bit. What do you think of this trade lawgirl?
chonghmIgnored
DislikedI want you to go through the analysis. I will help you, but you tell me why you think this is a good trade.Ignored
DislikedAUDUSD: All TFs were long when you entered. The 3 taps occurred. Again, this is a shortened trading day so get in and get out. Also, always know what is above up for a long trade and what is below you for a short trade. This pair is approaching 2 year highs, the probability is that it will not penetrate that high, so again, I would take my profits as soon as I could.Ignored
DislikedMove to a 15M chart now with that TP marked to watch the trade. Consider taking half your profit at that level, let the other half travel on down to .9725-30 level. PA seems to be moving in your direction.Ignored
DislikedNoted. today is a short trading day and just closed both trades with a small profit. Thank you for your analysis.
chonghmIgnored
DislikedCool - thanks again for you help! You're really running a great thread, though I don't know how you have time to trade responding to so many posts!!!Ignored