Possible Trade but want help
Never give advice about trading. This should go for anyone. You see the data, we see the same data, means we should be able to get to the same conclusions. Make your conclusion, live and learn from consequences.
I'd give it 24 hours or so, and if it was right, put in a pre-dated order
No good RRR from my point of view, maybe short @1.45 but i agree with forexCoder, learning by dooing
Yep .. thats what I was gonna say. So far this one does not look good. Unless you're calling it a retracement and not a reversal. But you'll need deep pockets to ride that one out. That or not be following Text-book Money Management.
Guys this one did not work out. Thank you for the advice. Hopefully I will post a good chart soon
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Please look at this chart and let me know if you agree with a sell near the arrow. It is on Daily Chart on EUR/USD. I am thinking about taking trade from expert who posted it but want to see what others think first.