Will take a look at the market again in preparation for the London Session.
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Goldmine!
- Thread starter FX4Newbies
- Start date
Good Morning Traders,
It is Friday! Attached is a chart showing two forks that caught price nicely. Don't worry about where it might turn. Just trade what you see as it shows it. It will sort itself out. Roll with it.
Happy Trading,
FX4Newbies
It is Friday! Attached is a chart showing two forks that caught price nicely. Don't worry about where it might turn. Just trade what you see as it shows it. It will sort itself out. Roll with it.
Happy Trading,
FX4Newbies
Attachments
Hello again,
ML Target hit on larger red fork. Did not mark in advance...it is almost a given (80% probability) at this point . Marked on chart with green circle for newer thread visitors.
Did short and closed the trade just before the ML target.
Would probably post again later this afternoon.
Take care,
FX4Newbies
ML Target hit on larger red fork. Did not mark in advance...it is almost a given (80% probability) at this point . Marked on chart with green circle for newer thread visitors.
Did short and closed the trade just before the ML target.
Would probably post again later this afternoon.
Take care,
FX4Newbies
Attachments
Have to head out for a bit. Will see what the market gives us.
Take care,
FX4Newbies
Take care,
FX4Newbies
Quote from FX4Newbies:
Let us see if price finds its way to the target. Shorted earlier and made a few pips. Not as clean or early of an entry as I would have liked but I was able to find my way in.
for the light blue fork, how come you dont copy and extend the lines out ? like I do here (see chart). They're great for finding s/r.
Attachments
Quote from konviction:
Hello Konviction,
I can extend the line to show WLs, but my focus here is the price activity in and around the larger red fork. I have shown the lines you are referring to on most of the other charts.
Thanks for the comment.
FX4Newbies
for the light blue fork, how come you dont copy and extend the lines out ? like I do here (see chart). They're great for finding s/r.