Stop loss placed under the 1.0800 level as it's being tested for the third time without breaking.

charter 2015.12.18 10:46 #18841

denniss:
Stochastic says to hold selling on the euro.

It depends on the chart you are looking at on the stochastic.

denniss 2015.12.18 10:48 #18842

charter:

People don't tend to see things they don't understand.

Unless you are a chemist, after a visit to a chemistry laboratory you are unlikely to be able to say exactly what you saw there.

Your description will be limited to the colour of the powders and instruments you saw. ))

Just a picture to see.

Vadim Zotov 2015.12.18 10:54 #18843

I proceeded from the following reasoning. On M15 you can clearly see that the level of 1.0800 is being tested for the third time, but it is not broken. Therefore, I put a stop loss under it.

Experts: Polish Layer Eur/usd [Branch closed!] EURUSD -

charter 2015.12.18 10:57 #18844

Vadim Zotov:

I proceeded from the following reasoning. On M15 you can clearly see that the level of 1.0800 is being tested for the third time, but it is not broken. Therefore, I put a stop loss under it.

The stop-loss should probably be set further from that line, as it might break the line down to 1.078 (first level of daily resistance of Pivot Points).

Vadim Zotov 2015.12.18 11:44 #18845

charter:
Stolploss would probably be more correct to put further away from that line, as a shadow break of the line up to 1.078 (first daily resistance level of Pivot Points) might well be possible.

Thanks.

Alexey Busygin 2015.12.18 14:06 #18846

Vadim Zotov:

I proceeded from the following reasoning. On M15 you can clearly see that the level of 1.0800 is being tested for the third time, but it is not broken. Therefore, I put a stop loss under it.

Now the lower levels are being broken through without any problems