DislikedHello everybody,
I just entried into a short trade in EURUSD. Is that a valid setup according to your rules?
Thanks a lot!Ignored
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DislikedHello everybody,
I just entried into a short trade in EURUSD. Is that a valid setup according to your rules?
Thanks a lot!Ignored
DislikedHello everybody,
I just entried into a short trade in EURUSD. Is that a valid setup according to your rules?
Thanks a lot!Ignored
Dislikedcould have maybe done it this way to get your entry, otherwise entry would have been further down, after indi's closed all red again. i also took this trade, but with my setup. but i didn't want to post it, because i wasn't sure about my setup and entry. julie can we get your comments on this.Ignored
DislikedHi Dortmunder,
Yes it is definitely a valid setup/signal. What I am finding tho is on the euro the pullback does not always go right back to the ema20 as it does on the pound, but I would have taken the short, it looked very bearish. There were a couple of other entries one of which may have been stopped out as it retraced back to R1.
JIgnored
DislikedHi Juli, thanks a lot for your precious input! After watching your image I have the impression that my entry came a little bit too early. If you compare my arrow with your arrows implemented in the chart you can see that. So that implicates that there is one crucial point that is still not clear yet to me. That is connected with your 2nd condition for the entry: "Wait for price to return to EMA..."
Perhaps it is because I am not a native English speaker, but what does this exactly mean? Does price have (i) to cross the EMA or (ii) only to touch...Ignored