Dislikedhttp://img593.imageshack.us/img593/4...ej04102011.png
Here's a quick one WP rejection on EUR GBP happened yesterday. Green long-wicked candle @ WP = rejection and short sell order. The channel is projected according to the chart comments.
WP rejection frequently happen early into the week (Mon-Wed). That's HQ setups worth taking.
Also TPs. How do you set TP? Easy enough, you use ADR to gauge how much more upside/downside PA has and add in to you entry price.
For instance EUR GBP ADR is 100 points. The low is 8520....Ignored