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Well, Got Stopped out here.
And Daily Fractal is breached. Would be waiting to see what happens after now.
or the market makers are at it again. taking stops out. :unsure:
But since the Daily Fractal is breached, the bias is toward the downside short term.
KEEPING FINGERS CROSSED ON THIS...
Currently in the money
You can start trailing to protect profits or close half of the trade.
Weakness to the upside is observed and may send price down.
But overall short term trend favors the upside.
Currently Falling like a stone.
Enjoy the ride. if you have not exited yet, use a trailing stop.
this is likely to reverse up at the 161,8% fib level. Ok hand
Move Average cross - over Strategies work best when you combine it with price action movement.
You would get so many Whipsaw if you use moving average strategies in a Ranging Market.
Watch-out :cool:
Most EA work pretty well on their default settings.
The Higher T.F is more preferable.
Most EA work pretty well on their default settings.
The Higher T.F is more preferable.
EUR-CHF SELL @ 1. 0527
SL : 1. 0581
TP : 1. 0398
IF YOU HAVE TO CLOSE THE TRADE EARLY BEFORE TARGET IS REACHED, I WOULD INFORM YOU.
THANKS clapping hands
Breakfast Signal :coffee::coffee::coffee:
EUR - JPY SELL @ 116. 87
SL : 117. 606
TP : 116. 113
IF YOU HAVE TO CLOSE THE TRADE EARLY BEFORE TARGET IS REACHED, I WOULD INFORM YOU.
THANKS (y)
YOU DONT NEED TO ENTER OR TAKE EVERY TRADE SIGNAL PROVIDED HERE AS THESE CURRENCY PAIRS ARE CORRELATED.
SELLING CAD-CHF AND SELLING NZD-JPY IS MORE LIKE DOING THE SAME THING.
THEY ARE HIGHLY CORRELATED.
Ok hand Ok hand