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Originally Posted by JimmyJoe
If I understand it correctly then we have a "hick up" signal on daily EUR/USD. The signal is strenghtend even by the long shadow below the Heiken Ashi candle.
I would go short at the opening of the next candle (around 1.2660) with SL at 1.2753.
Am I correct?
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Matematcly yes...discretionary no...
Thats why in the chatroom I want to go over severall examples so you would understand more of the discretionary part ....but as I said: your example is a good matematical example were everything is in place to take the short..
So you are already half way...
regards...iGoR