Quote:
Originally Posted by fxnewbie
Maybe. Time will tell. But if you look at daily chart, is downtrend and this bar only suggest a retracement, maybe to resume downtrend.
American economy is not good now and oil will keep in high prices, so a trend change is probable.
Anyway, I trade what I see and not what I guess.
(My god, what a crowded chart !!!)
I have a buy at 1.5509, SL 1.5526 ( just in case of a gap against)
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Nice catch, and sure SL at 1.5526 make sens. Better get those pips and reenter on next bounce. You leave you time to see if its correction or not. Since its choppy for now on the daily chart.
You are right also on that point, daily chart only show retracment, nice point!
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Well my point is already done, we got a discussion about the thing now. Argue is the best way to find best approch.
Thx for that comment, plz keep on!
