Trading in the shadow of SM
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Disliked{quote} 1.2539 was level that I posted a few weeks ago and it bounced nicely from it even in counter-trend conditions. Not sure if I would reinitiate so close to this point again.Ignored
Disliked{quote} GBPAUD 1.9251 is fib ext 161.8 so some more confluence around this levels. Heavy overbought also. Far outside my volatility bands. {image}Ignored
Disliked{quote} love this pair and the volatility - shorted at the golden level as the upswing has lost momentum .Ignored
Disliked{quote} Nice, I did not have it on my chart. I must make some better system to keep the levels on my chart.Often levels get deleted on my charts when I delete some unrelevant level and some other was marked to in Metatrader Really irritating that several items can be marked at the same time and deleted in metatrader.Ignored
Disliked{quote} Delete only via context menu after right click on the selected item - it resolved that problem for meIgnored
DislikedGBPJPY: there is a nice area to watch closely this week. Starting from 155 round number and down maybe to 154.30 (Fib-76.4) 154.70 in the middle is an important level with long history coming from 2013. Confluence: 1. down trend trendline was broken recently and now it may add support 2. price is at the low band of TMA true range adjusted bands. Thanks to Earleone who pointed me to this indicator. I found this triangle centered mov.average (TMA) indicator is useful to show overbought and oversold areas. Check for ex. how accurate and adaptive it...Ignored