Eurusd/gbpusd - page 492
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thx i use it 5d-24h, 30d-24h,20d-24h
I don't understand.
I don't understand.
version 4 with those input
version 4 with those input
okay. thanks
I have taken a short with a tight SL at 3798.
okay. thanks I have taken a short with a tight SL at 3798.
ok. tp? have to break 3780
No TP. I'll trail the price so if the price breaks up through the red trendline I'll close the position.
no profit ?
ok. tp? have to break 3780
No TP. I'll trail the price so if the price breaks up through the red trendline I'll close the position.
no profit ?
Obviously, the trade is not a winner yet but the reason why I went short and didn't wait for the price to test 4802 is because the candles showed weakness after it touched the 61.8 retracement of the move from 3817 to 3758. The candle opened above the previous close before being sold off (on the 5 min) this usually precedes short-term weakness. Additionally, since the price was already rejected by the 3802 a couple of hours ago the prefect retest of it wasn't essential. If the price can breach 3756 then I'll expect the price to continue down to (3758 - ((3817-3758)*1.618)) = 3663.
The trendline is already below break even so no problem.
Obviously, the trade is not a winner yet but the reason why I went short and didn't wait for the price to test 4802 is because the candles showed weakness after it touched the 61.8 retracement of the move from 3817 to 3758. The candle opened above the previous close before being sold off (on the 5 min) this usually precedes short-term weakness. Additionally, since the price was already rejected by the 3802 a couple of hours ago the prefect retest of it wasn't essential. If the price can breach 3756 then I'll expect the price to continue down to (3758 - ((3817-3758)*1.618)) = 3663. The trendline is already below break even so no problem.
I'm holding my short. BUT XBForex Reversal Buy has been triggered. Supported by a Long stochastic and weakening XB4 histogram so it's probably a good long opportunity for 30 pips or so but I'm holding my short.
see my trade
see my trade
exit @3687
guru
see my trade
exit @3687
guruNice. It looks like we both entered short at the same time. I see the price going a little bit further to 3660-3665 but I'm trailing the price using the trendline.