Hi Chamane,
How do you setup exit point(target price) ? thanks
Lucy
How do you setup exit point(target price) ? thanks
Lucy
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DislikedHi Chamane, How do you setup exit point(target price) ? thanks LucyIgnored
DislikedHere is a good example of the importance of price trendline. Better if price closes across its trendline. {image}Ignored
DislikedIt's always worth to look at the big picture. There is a HD pattern forming on the 4 HR chart, but there is a reverse candle pattern on the daily and the weekly chart shows that price is at a major support level. Too many doubts for me even if price crosses the 4 HR trendline. {image}Ignored
DislikedA couple days ago it looked like AUDUSD was ready for a short entry and that may have been a mistake. In any event, I added the PPO indicator to my chart to work as a confirmation for entry..... and sure enough there was no cross and price is now moving a bit higher. Now that price is in the cloud, I prefer to stay away until there is more clarity. {image}Ignored
DislikedA couple days ago it looked like AUDUSD was ready for a short entry and that may have been a mistake. In any event, I added the PPO indicator to my chart to work as a confirmation for entry..... and sure enough there was no cross and price is now moving a bit higher. Now that price is in the cloud, I prefer to stay away until there is more clarity. {image}Ignored
DislikedHere are the charts that I'll be watching at the start of next week. To me, they show good HD patterns forming, but it does not mean that all entry criteria will be met. Patience is the keyword. {image} {image} {image}Ignored