EA started bearish in 2015 and Monthly bear candle is getting stronger and stronger. Just one more week in Jan'15 if the monthly closes below PAC and see flatness and congestion in Guppy with TDI showing signs of moving below 50 line...We can expect some good sell moves on EA in coming months.
EA Daily coming near to the trendline, TDI below 32 but MBL sharply went through 50 line
EA closer look
These are just the expectations and they may not work but having a PLAN B in your trading will help you grab those countertrend moves very easily.
If EA comes down where is the recent structure ?
How did EA moved in Jan'15 (EA H1) ?
How do I see with Guppy and PAC if there is a Sell or Buy opportunity on EA or my preferred pair ?
Is doing my Bigger picture planning, Backtesting, Forward testing and trading with the trend worth my time ?
You wouldn't have caught all the pips shown above but just sticking to couple of pairs (if you are new to TMS) and doing your work honestly would have given you enough pips and profit in your bank to build self confidence, trust in your trading style and system and motivation to keep going forward.
I would really appreciate what Phx62, Emmanuel, TheScorps, Snarlyjack, Lastingwell, Likica and other senior members think of EURAUD.
Kindest regards
EA Daily coming near to the trendline, TDI below 32 but MBL sharply went through 50 line
EA closer look
These are just the expectations and they may not work but having a PLAN B in your trading will help you grab those countertrend moves very easily.
If EA comes down where is the recent structure ?
How did EA moved in Jan'15 (EA H1) ?
How do I see with Guppy and PAC if there is a Sell or Buy opportunity on EA or my preferred pair ?
Is doing my Bigger picture planning, Backtesting, Forward testing and trading with the trend worth my time ?
You wouldn't have caught all the pips shown above but just sticking to couple of pairs (if you are new to TMS) and doing your work honestly would have given you enough pips and profit in your bank to build self confidence, trust in your trading style and system and motivation to keep going forward.
I would really appreciate what Phx62, Emmanuel, TheScorps, Snarlyjack, Lastingwell, Likica and other senior members think of EURAUD.
Kindest regards