The daily forex signals Diaries

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In hindsight, was it probable to trade the long bearish candle after the pullback rather then make an entry once the candle had shut?

Reply Shingi Hello Sd, It's been a hard trading week with no apparent cut moves. For now I do think its far better to go ahead and take foot from the gasoline pedal when you mentioned. Lets hope subsequent 7 days are going to be a far better 7 days. Have a happy Easter Weekend!!

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You have to be over my shoulder because Individuals are my positions and comparable entry charges. Excellent on you! You almost certainly entered all around a consolidation area on Those people charts that may allow it to be a momentum type entry.

Sturdy momentum thrusts have the odds in the favor of One more leg down (or up) following a brief consolidation or pullback. Do the tests around a considerable sample and you'll see that for being the case.

AUDJPY went the exact same way in addition , though the 2nd and 3rd 4hr candles appeared additional like a more powerful transfer down (about 45pips).

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