Pair : EUR/USD
Timeframe : 4H and 1H
As u can see from the picture, the 100SMA is going up.. So i suppose Mr Trend our friend is heading up. The Red circle is my signal. Well, to me it(candlestick) looks like a struggle after a rally by USD. The candle after that confirms my believe. The Yellow circle marks my entry base on 1H chart, its a 5SMA on that 1H chart. Last but not least will be the Blue circle, my TP. Base on DOUBLE ZEROES. 1.3400. SL will be 50 pips down from my entry, its the low of my red circle signal. I believe that prices that close below that means my forecast / prediction or whatever is wrong.
Profit : 65pips.
Patience... Root of success.
Bottle
5 comments:
Welcome back on stage brother!
I am inspired by your pullback trading... thanks
@Black yea lets do it again!
@TST hey thanks, hope it helps..
For info...
My anti-virus finds a Trojan on your page via singaporeforexblog.com.
Thanks much L&W, its been removed!
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