Yesterday at my "Euro's comeback" analysis, I've suggested a pretty cut long opportunity for some chosen Euro pairs: EURUSD, EURAUD, and EURJPY. The rationale for this "pretty cut long opportunity" is the strong buy signal -- a bullish fakey pin bar. I also suggested to you to read Nial Fuller's educational writing regarding the said Price Action Bar. If you did, you'd know it is ideal to enter at the 50 pct of the bullish fakey pin bar. However, for my own comfort. I enter a limit at 50 and a stop at top of the pin bar. I now have two running trades at each of my suggested long trade set-ups: at the 50 pct and at the top of the pin bar (except for EURUSD which never got to 50 pct so I chased it at 61.8 pct).
I've been long EURAUD since 05.15.2016 (www.facebook.com/bea...sts/1355125197935310 This is my post regarding longing EURAUD and shorting AUDCHF); it had a fakey signal and also was an inside bar in weekly just right at the 200sma. Good spot to long! However, my emotion got to me and closed my trades early. If I haven't... just imagine what those 1 lot trades could be now . Lesson learned! Moving on...
I've been long EURAUD since 05.15.2016 (www.facebook.com/bea...sts/1355125197935310 This is my post regarding longing EURAUD and shorting AUDCHF); it had a fakey signal and also was an inside bar in weekly just right at the 200sma. Good spot to long! However, my emotion got to me and closed my trades early. If I haven't... just imagine what those 1 lot trades could be now . Lesson learned! Moving on...
