TheRumpledOne wrote:EURJPY is probably the best overall pair to trade based on volume, range and "action".
racudeDaRat wrote:Hello Avery,
i've been wondering .. do u know any book which can help you develop ''disregard for money'' ?
i have read - your money and your brain etc - so my opinion is .. this kinda book can help me...
Looks like you realized just in time you were about to cross into Yale territory.
Remember, a semafor usually indicates a breakout first, which is usually followed by a reversal.
The RAT REVERSALS wait for 2 bars to close BEFORE an entry is made. On M5, that is at least a 10 minute wait. You can check if the range on higher time frames have been exhausted. The main thing to do is WAIT. BE PATIENT. You know price will reverse - wait to SEE IT.