Here are a few pairs to keep an eye on: GBPCHF, 6 taps... beautiful.. waiting for confirmation and break of that resistance
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DislikedGood for you... I got killed on that red candle 6 hrs ago. that was totally uncalled for... hit my SL of 50 then went up again.. Story of my life..
Well whatever, moving on , to the next tradeIgnored
DislikedOh, I hate to hear that. That candle with it's wick looks like it was searching for stops to take them out. When you have that happen..look to recover quickly and get back in with a trade in the opposite direction.
In this case it would have been a channel trade. You would have recovered the 50 pips and then some. However, this takes a strong detachment and nerves somewhat of steel.Ignored
Dislikedand all yen pairs are in consolidation, ripe for BO's.
This one, the Beast, hopefully breaks that resistance and goes, or bounces back. Either way, we're in...Ignored
DislikedI have been waiting for a ZC (the continuation part) on the H1 too. A double set up, 3 Tap on the H4 and continuation on the H1 should make for a stronger trade when/if it finally triggers.Ignored
DislikedI read the post about ZC, but how long would you wait before you enter? In this case it looks like a Z has formed already. I don't see conformation on the smaller TF's , yet and that would make me wait right now.Ignored