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Post by gowiththeflow on Oct 3, 2015 13:38:43 GMT
This pair is near a three year low I'm cautious about jumping straight into a Short Trade as can be seen on the Charts below   |
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Post by eeddss11 on Oct 9, 2015 8:46:36 GMT
Why did you not take a buy order to the red line? It was clear to the upside on monday,s candle close and you had an opinion on an area to watch.Wait for a balance on the 4 hour chart in this area now and take the lead from a break of the balance to show direction.(I did not take this trade and it is easy after the event but was just wondering why)
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Post by gowiththeflow on Oct 11, 2015 11:33:43 GMT
Why did you not take a buy order to the red line? It was clear to the upside on monday,s candle close and you had an opinion on an area to watch.Wait for a balance on the 4 hour chart in this area now and take the lead from a break of the balance to show direction.(I did not take this trade and it is easy after the event but was just wondering why) Hi eeddss11; I didn't take any action with this pair because there was clearer reasons to enter a Trade on GBP/AUD (Short) and because I was already Long on AUD/USD I didn't want to be over exposed on AUD with Long Trades. |
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