yeah a bit too late for selling into a retrace. the trend at the moment is up for EU
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DislikedYES it is a possible long setup....but as i keep saying....THE TREND IS YOUR FRIEND!! So the question is do you want to bet its a trend change or do you want to go with the trend?
IS this PAIR making higher highs or lower lows? That is your trend go with it!Ignored
DislikedThanks, i also took this EU trade. Was this a good entry, i'm not so sure now?
To be honest i was a bit late with the entry and i probably should have given it a miss and waited for the next set up, we live and learn
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DislikedJust on this point, last night i took a short trade on GU based on the daily chart below. This is again on demo but i wanted to see how this system did on higher time frames. Any thoughts or comments on this?
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DislikedHi Guys, looks like a setup forming on the GBP for short. What do you think?Ignored
DislikedThought so, maybe it could have worked out if I was in a bit earlier and was just looking for a small TPIgnored
DislikedIt could still work out but it is a very late enter into that trade...you want to try and catch it right after the fail at a point then the HA turns redIgnored