Trade What You See - Almost Naked Trading
Always important to zoom out and look to the left. It's like crossing the road
you want to make sure nothing is in your way to cross.
I also look to the up, down & right of the chart...always...
Noticed the sup/res level(s) so easily when you have sup/res indi (see rectangle for example) in your chart. That tell me what should I do when the price reaching this level. The higher the TF, the more important the sup/res is.
Well IMHO, rsi from higher TFs are all pointing down. GU should be going down already. Just becarefull with the previous support level @ daily.
edit: in my previous post, sup is @ .5511. Should you go short, your tp must be above this level. This should be a good/safe exit for you. I don't have my chart with me atm so I can't tell too much. Only guessing.
thanks OR, Harimau boleh
The RSI D and W are pointing down. why will you still go on Long ?? thank you in advance.
Hi Everyone,
EUR bounced up to 1.3324.
Perhaps we should wait to sell untill we clearly see that resistance holds there
and we see a clear down movement in 15M (ZC setup)?
At the moment the last three 15M candles look quite bullish to me IMHO.
What do you think?
In the Zorro Continuation, we look for a break out, then a pullback and finally for a continuation in the original trend direction.
For example, please see this post by LG:
http://www.forexfactory.com/showpost...postcount=6985
You can also search this thread for the word "zorro" and read some more trade examples.
