Disliked{quote} Hi Zamfir, followed your advise and studied James's charts. Please tell me if im looking in the right direction: I assume your entry on CADJPY was based on a touch of 50% FIb retrace + a resistance turned into support at 94.50 (red line) + TL? {image}Ignored
Zamfir is right, location, levels of sup and res. May be add some other confirmation (fibo, trend line etc) and it will give you more chances for success.
Hope it give you some help, but it doesnt mean that Zamfir took his trade of this reasons, it is only my thoughts about this situation.