Disliked{quote} Exceptional trades jigen67! May I ask what was the trigger for selling EURJPY? As I see that price on the Renko chart had already broke the SuperTrend and DonchianChannel a long time ago. Thanks!Ignored
1) trend is still bearish, we can see the channel strictly pointing downward;
2) price had already broken the lower trendline, re-entered a little and then broken again (bears are pushing down);
3) meter is showing JPY three times stronger than EUR at that moment;
4) all other indicators in Renko chart are red;
5) in Candlestick chart we have price below MAs, all Gann HiLo red, and, above all, price is wandering just between a big supply zone (the green box) and a little demand zone (the pink one) that has been easily wiped out.
In conclusion there were good chances that price fell down and I tried...
I hope to be clear.
Bye
"Markets are never wrong; opinions are." - Jesse Livermore