Lobak You are Lucky. Caqndle has turned Blue.
arasheed
Now price wanna go up. Might break the triangle.
High volume at the bottom.
Just my prediction
Well Guys, I did not like PA at all, especially with impending news. I was however willing to risk 16 pips with intention to hopefully gain 26 by Fibbing Retracement candle as price was flip flopping around before main news. And yes I would of gotten out before news. As it happened I was not picked up. Not worried about it at all. Plenty of other opportunities in future. Here in Australia the 4 Main banks are under fire for not passing on Interest Rate Cuts announced 2 Days ago. I wonder what news are they waiting for from Eurozone.
On a normal day I would of sold one Contract at close of Reversal Candle and another at 50% or 38% Fib Retracement. I let price come to me if i feel inclined to put on another contract I never chase price and neither should you!! How often does price reverse just after you enter the market and you think Typical as soon I get in its going against me, but really its just the ebb and flow of the market and then retraces to different Fib levels and then goes your way, Hopefully! You would be surprised how the Pips mount up Trading with this extra Bonus as your Stops are not far away and you can pick up bonus pips, obviously your not going to get filled all the time And yes guys, YOU CAN FIB CANDLES or Bars. Price Highs and Lows are not restricted to just Groups of Candles in a Large Range. I personally only do it on Large or Outside candles and ones with small bodies at either End, In other words Hammers and Shooting Stars,and I cancel Order if I havent been taken up so have a look when Backtesting X Mans system. And before you ask No I dont Fib Dojis as they are already at around 50%. These are Money Management Tips that I hope enhance The Keys to the Kingdom that Xman has handed to you for free. Hope this helps! http://www.forexfactory.com/images/attach/gif.gif
9 Years and still Learning
On a normal day I would of sold one Contract at close of Reversal Candle and another at 50% or 38% Fib Retracement. I let price come to me if i feel inclined to put on another contract I never chase price and neither should you!! How often does price reverse just after you enter the market and you think Typical as soon I get in its going against me, but really its just the ebb and flow of the market and then retraces to different Fib levels and then goes your way, Hopefully! You would be surprised how the Pips mount up Trading with this extra Bonus as your Stops are not far away and you can pick up bonus pips, obviously your not going to get filled all the time And yes guys, YOU CAN FIB CANDLES or Bars. Price Highs and Lows are not restricted to just Groups of Candles in a Large Range. I personally only do it on Large or Outside candles and ones with small bodies at either End, In other words Hammers and Shooting Stars,and I cancel Order if I havent been taken up so have a look when Backtesting X Mans system. And before you ask No I dont Fib Dojis as they are already at around 50%. These are Money Management Tips that I hope enhance The Keys to the Kingdom that Xman has handed to you for free. Hope this helps! http://www.forexfactory.com/images/attach/gif.gif 9 Years and still Learning
took profit @ 1.3335
