PA, S/R, ZL, EXTREMES & MOMO
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- newscalper
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- newscalper
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Now short EU. Chart to follow.
Short at daily zline and BIG supply area (look at the weekly chart), can also see that the prior longs were coming from the weekly zline, hopefully that's zero'd out now and we're going DOWN big stylee
15 minute rat, 1hr candle colour The lower red line is where I tried to short before, hopefully you can see why - lower side of the daily s/d area, within 50% fibo of last daily momo bar, and at previous hourly highs.
Entry, let it pull back a little rather than taking the break, saved a couple of pips
Apologies for the edits but I type very quick - lots of d's instead of s's etc
Short at daily zline and BIG supply area (look at the weekly chart), can also see that the prior longs were coming from the weekly zline, hopefully that's zero'd out now and we're going DOWN big stylee
15 minute rat, 1hr candle colour The lower red line is where I tried to short before, hopefully you can see why - lower side of the daily s/d area, within 50% fibo of last daily momo bar, and at previous hourly highs.
Entry, let it pull back a little rather than taking the break, saved a couple of pips
Apologies for the edits but I type very quick - lots of d's instead of s's etc
Last edited by newscalper on Thu Mar 24, 2011 3:47 pm, edited 4 times in total.
- newscalper
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