v8power wrote:How would you trade this chart. Which way is price headed? Will the next candle be bullish or bearish. Were would you enter and were would you exit?gbpusd-d1-oanda-division1-2.png
Would this chart change any of your answers? How would you mark up this chart, to show what price has done and what it might do.gbpusd-h4-oanda-division1.png
I really do encourage anyone who is reading this thread if your not profitable take the 5 mins answer the questions, mark up the chart and post it. That's how you will become profitable.
Also would love to hear some of the vets answers.
Wirhout looking ahead to the next two pages this is how I would trade that daily chart.
Buy the first yellow line and buy again at the 2nd lower line.
Positioned from an extreme I would be targeting the either of the 2 green lines above.
The h4 chart doesnt mean much to me at this point as I have levels and an Idea.