I hope you all spotted the 100-EMA holding back the short this morning??

Entry @ 7h35, but it bounced off the 100-EMA. My entry was at 07h50 opening when it closed below the 100-EMA.

The rest was pretty standard.

Exit? Did you notice how the H1 was behaving? What about the H4? The clues were there for you to close out with ±40 pips. Also, had you followed the 8-EMA, the slight delay @ 08h15 should not have worried you in spite of overheating RSis. Right?

Since then it was pretty much sideways.

PS............See the little Yellow Arrow where it signalled the entry this morning? It is nearly ready for you guys. I had to ask Mladen to get it sorted out and he has done so with his usual prowess and I like to thank him for that. The man who designed this Alert for me though, is my friend Gerhard (DayTrader) without whose help I cannot do. He is so selfless as what you wish people to be. Thank you my friend.

Attached Images

this morning's entry.gif (29.4 KB, 253 views)

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