s Demo Trading Mission II -
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thread: s Demo Trading Mission II

  1. #11
    Junior Member tita69's Avatar
    15
    Exit at 1.7942. Oh well, better than a loss. Confluence of central pivot, psyche amount and TL was powerful.

  2. #12
    Junior Member tita69's Avatar
    15
    Price created a swing low at M5 but there's also a dual bottom. Placed 1 point stops under the low. TP 3points over 123.6% fib level from the top. SL preceding swing high. Price appears to have stopped in the 50% fib level. Indecision.

  3. #13
    Junior Member tita69's Avatar
    15
    Got stopped out. That is it for the day. Gonna be back . Signing off.

  4. #14
    Junior Member tita69's Avatar
    15
    9/15/08

  5. #15
    Junior Member tita69's Avatar
    15
    Cable created a small descending triangle breakout before. Looks like price could retrace. Gonna observe far and if it will retrace. Too much sound at M5 lately. Gonna observe on H1 and M15. In case it retraces, trend continuation could happen in the confluence of central pivot 1.7853 and psyche level 1.7850, that is also close 38.2% retracement. It may also meet the descending TL or previous triangle's flooring.

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