Just in case anyone is interested - I took the AU long last night (BST) on the T5_103F from 38.2% to 76.4% - happened all while I was asleep which was very nice.
Have now entered short on gold. One the TF4, the rise in August didn't reach the 76.4% (1467), has now dropped below the 100% for the second time, and according to rules (I think) should drop to the 23.6% (1130), and then eventually hit the 1467. It also looks like it may cross the 38.2% o the T5_103F, which will help confirm the short.
Hope I've got that altogether ok.
Hey Bobi - love this way of trading so far. We can make a killing with just these templates - I really don't feel like I need anymore templates, but would love some more baselines maybe a yen pair, and a swiss?
EDIT - changed name of template to T4F as Forex Lion pointed out
Have now entered short on gold. One the TF4, the rise in August didn't reach the 76.4% (1467), has now dropped below the 100% for the second time, and according to rules (I think) should drop to the 23.6% (1130), and then eventually hit the 1467. It also looks like it may cross the 38.2% o the T5_103F, which will help confirm the short.
Hope I've got that altogether ok.
Hey Bobi - love this way of trading so far. We can make a killing with just these templates - I really don't feel like I need anymore templates, but would love some more baselines maybe a yen pair, and a swiss?
EDIT - changed name of template to T4F as Forex Lion pointed out