Go to page 2 of this document and someone tell me what you see from the attached chart

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So in this case I was taken out at BE (well actually +.01 pips). Now I look for a reason to re-enter

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Drilling to the 5M we can see that RSI is below 50. The BAT painted but price is sideways. Don't speculate and exit too early, if you locked in profit, take your hand off the mouse and "see what it does". If it takes you out, it was supposed to take ...

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Gregben - I would simply lock in profit for the entire trade. Keep in mind that the bat on the 5M is just that, on the 5M. The thing I am watching now is the 200 from the 5M to determine a better place to lock in more profit, or close the trade all ...

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Sure thing - go to post 302. I took the trade (a sell stop) based on the completion of the B to C leg, and the somewhat bearish nature of the candle to preceded the completion of the B to C leg

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Now it would be a nice time if the RSI STAYS below fifty!

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And then it let's us remove the risk. I am at BE. I've likened trading forex as the same as getting caught in traffic through a major construction zone and behind a car that refuses to do at least the speed limit! It's maddening - but with patience ...

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Looks like you are picking it up! Excellent! I gotta tell you, I truly do not trade on Monday's unless there is a good reason to trade it. Today there just doesn't seem to be a good reason. I got triggered in on the one trade (the first sell stop) ...

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And as it always does, it "tests" your ability to take your hand off the mouse!

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And we are triggered in

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YES!

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Bary - you are on the track, but your count is wrong. This is where it can get very complicated. See the attached chart? Where it is painted blue? Now look at the pointy side, it's facing to the right as you look at it - yes? You now know that what ...

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You don't see the inverted hammer? The fact that there is angulation only serves to strengthen that signal. That particular candle didn't close as bearish as I show in the example. I only posted it to show you how you can use angulation

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We now have bearish divergence on the 30M, 1H and 4H

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Eaaaasy Bary - look at the attached chart of the 15M. While this candle has not finished yet. Here is an example of Angulation and how it can be used in our favor. Do you see it?

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EU 15 M; took 5 pips on the sell. missed the beautiful setup on the 5M Does anyone see the Bulish engulfing pattern?

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Going to go grab a bite to eat. Uncertainity is abound and I am contemplating calling it quits today folks

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If we get triggered in on the sell, switch to 5M and BEWARE the 200. Take your profits before it gets to that level (or at least lock in your profit)

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sell stop in at the low of the last 15M bearish engulfing candle. 1.30264 (again, low risk) What I see is A to B, B to C Anyone?

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Anyone?

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