sufiansaid

Reading the Right Side of the Chart : #EURAUD

OANDA:EURAUD   Euro / Dolar Australia
Price broke and closed below Friday high. When that happens, that would trigger my bias to Long the pair. It still needs a trigger though. One of the triggers for me is for the price to go lower and find more stops.

If the buy stops at 1.61200-1.61500 aren't used by the banks to manipulate the price to go lower towards 1.61300 (or in plain English - If the price goes up from and continues going up) then I will do nothing.

Please read my post regarding the Friday-Monday relationship concept to make navigating the market simpler and more efficiently. Linked below

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.