Trade was closed for a fair sized day trade tally with a +120 pip total drop to the lows
The simple trades often surprise. You can’t beat solid support or resistance as both an entry point and an area to set a tight stop loss.
Chart from yesterdays post below …….
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It has been a nice trade! Tks!
Nicely played Stephane !
I wish they were all as easy as that 🙂
Yap! Sorry for your euraud! But since you talked about it, I have been watching the pair. I took a short this morning at 1.5765. It has been trading between the top and the 23.6% (level I rarely looked at…) since a few days.
It was chugging along well yesterday before turning up again and taking me out .
I published another short alert in the live news feed earlier today from 1.5769 ….Behaving itself today down at 1.5717 here.
I like to use those outside fibs for intraday trading and scalping , They give good results if you are not greedy.
So I’m closed to you! live news feed is the twitter account, right?
It is on the main page of this site Stephane ….Open to all to view
Ups…. I have never seen that before…. I always go directly to **Flow News**…. I missed a lot of things… But nice!